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@Jacobin image The artificial intelligence craze likely just delivered more industry-wide price hikes on household electronics. After accepting billions in taxpayer subsidies, the technology company Micron is shutting down its generic line of consumer-facing chip products to instead focus exclusively on its megacorporation AI customers. The move is expected to drastically limit market competition and raise prices […]

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👉 Chip manufacturers are shifting production lines to focus on AI clients 👉 Micron is shutting down its generic line of consumer-facing chip products 👉 The move is expected to limit market competition and raise prices for essential materials 👉 AI companies will get priority access to the bulk of the supply from electronics producers
@Jacobin ✍️ Chip manufacturers are shifting production lines to focus on AI clients, leading to higher prices for consumer electronics. 👉 Chip manufacturers are shifting production lines to focus on AI clients 👉 Micron is shutting down its generic line of consumer-facing chip products 👉 The move is expected to limit market competition and raise prices for essential materials 👉 AI companies will get priority access to the bulk of the supply from electronics producers #MaikaElan #StephenBurke #UpstateNewYork #Syracuse #technology
Jacobin's avatar Jacobin
@Jacobin image The artificial intelligence craze likely just delivered more industry-wide price hikes on household electronics. After accepting billions in taxpayer subsidies, the technology company Micron is shutting down its generic line of consumer-facing chip products to instead focus exclusively on its megacorporation AI customers. The move is expected to drastically limit market competition and raise prices […]
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