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Economics2h 50m ago
Software and computer accessories were up a record 14.5 per cent in May from a year earlier.
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United States
Who
Chris Barber, President Donald Trump, Kevin Warsh, Lisa Cook, Alberto Musalem, Torsten Slok, Michael Pearce, Chip McElroy
What
Software and computer accessories were up a record 14.5 per cent in May from a year earlier.
When
Fri, 12 Jun 2026 03:39:00 GMT · 2h 50m ago
Where
United States ·
Why
The rush to build data centres for artificial intelligence is driving up demand and prices for memory chips and other hardware.
The Frontline Impact
How this affects you
The AI boom is causing significant price increases for computer hardware, contributing to inflation and adding financial strain to households. This trend creates economic challenges for policymakers and businesses, as memory chip prices are expected to continue rising, potentially impacting core inflation.
Story chain
2 events in this thread- Economics2h 3m agoAsian chip stocks rebounded, capping a roller coaster week amid geopolitical volatility, concerns over inflation and worries over a bubble in artificial-intelligence-related stocks.Open article
- Currently Reading2h 50m agoSoftware and computer accessories were up a record 14.5 per cent in May from a year earlier.