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Event Brief

AI Drives Up Smartphone Prices Amid Chip Shortage

A report reveals AI's demand for memory chips is causing smartphone prices to soar to record highs.
WHO: CNN
WHAT: AI's impact on memory chip demand and smartphone pricing
WHEN: Feb 27, 2026 at 2:01 AM ET
WHERE: Location not specified
WHY: Increased demand for memory chips due to AI technology
Sources (1): CNN World

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