Rapid expansion of AI data centers is creating a shortage of memory chips used in laptops, phones, cameras and gaming consoles. The world’s three largest memory chipmakers—SK Hynix, Samsung and Micron—are shifting production toward High Bandwidth Memory, specialized chips that power AI data centers, instead of DRAM and NAND chips used in many consumer devices. With reduced output of traditional memory, manufacturers are paying more for components and passing those costs on through higher consumer prices.