Memory chip shortage: AI takes 70% of global supply

The State of Tech, The European Edition of Friday 3 July 2026


AI data centres gobble up 70% of global memory chips, pushing consumer device prices higher

Meta considers selling surplus AI computing power, sparking overinvestment fears

Local resistance to data centres emerges as a real brake on US AI ambitions

Infineon opens €5 billion Smart Power Fab in Dresden, three months ahead of schedule

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