Business · 1h ago
AI memory shortage drives up car prices as GM, BYD pass on costs
GM CFO Paul Jacobson warns of $1.5-2 billion cost increases due to rising memory chip prices, driven by AI demand. BYD has already hiked driver assistance prices by 20%. The RAM shortage hits automakers as cars require more memory for infotainment and ADAS features.
Meridian48 take
The memory crunch, fueled by AI, is now spilling into automotive, but the price hikes may also reflect automakers padding margins under cover of a supply narrative.
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AI memory shortage is now increasing the price of cars — GM warns of vast cost increases, BYD hikes driver assistance prices 20% →
Tom's Hardware
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