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Musk, Cook Warn of Memory Chip Crisis as Demand From AI Grows

A growing procession of tech industry leaders including Elon Musk and Tim Cook are warning about a global crisis in the making: A shortage of memory chips is beginning to hammer profits, derail corporate plans and inflate price tags on everything from laptops and smartphones to automobiles and data centers - and the crunch is only going to get worse. Bloomberg's Neil Campling explains. (Source: Bloomberg)