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Event Brief

AI-fueled chip shortage drives up smartphone prices

AI is increasing chip prices, leading to higher smartphone costs in 2026.
WHO: Wolfgang Weber, CEO of ZVEI
WHAT: Chip prices are rising due to AI demand, affecting smartphones.
WHEN: Feb 11, 2026 at 7:00 PM ET
WHERE: Germany
WHY: Surging demand for memory chips and AI investments.
Sources (1): Deutsche Welle

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