Elon Musk and Tim Cook agree: Global memory chip shortage is unprecedented
By
Steven Tweedie
Summary
Elon Musk has publicly agreed with Apple CEO Tim Cook that the global memory chip shortage is unprecedented, calling soaring memory costs the "biggest price jump in anything I've ever seen." Musk advocates for "MUCH higher production" to address the supply-demand imbalance affecting the tech industry. The article explores how memory shortages are impacting companies from automotive to consumer electronics, with both tech leaders highlighting the severity of the crisis.
Source
Key quotes
· 3 pulledElon Musk said soaring memory costs are the 'biggest price jump in anything I've ever seen'
The solution is 'MUCH higher production'
The memory shortage is unprecedented
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