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    With AI Data Centers Scooping up RAM, Laptop Prices Could Spike in 2026

    Phones and other tech products will be affected by shortages, too—with experts predicting "shrinkflation" in consumer electronics

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    Why are RAM prices so high? The buildout of AI data centers is causing a vacuum in the supply chain.

    If you have been thinking of upgrading your aging laptop or replacing your cracked smartphone, here’s some friendly advice: Don’t wait too long.

    Right now, we’re in the middle of a brief window where holiday sales are keeping prices artificially low even as the cost of the technology inside those devices is skyrocketing.

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    I saw the warning signs firsthand. I recently set out to build a small gaming PC for my living room, to play on my TV with surround sound. The project required a standard 32GB kit of RAM. On Sept. 11, that kit was selling for a reasonable $90. By the time I placed my order on Nov. 21, the price had tripled to $269.99. When I checked again this week, the price for that exact same memory kit had climbed to $349.99.

    So, why is this happening? Put simply, the rapid buildout of AI data centers is causing a massive vacuum in the supply chain for RAM.

    Major tech companies are placing open-ended orders for memory to power new AI data centers, according to reporting by Reuters. The companies are effectively telling manufacturers they will buy as much as can be delivered, regardless of the price. This has encouraged RAM manufacturers like Samsung and SK Hynix to pivot their factories away from making standard consumer memory to prioritize high-profit enterprise chips. And with only three major RAM manufacturers in the market today, there simply isn’t the wiggle room to absorb this AI demand without affecting everyone else.

    “There’s just no RAM in the market, basically at all,” according to Tom, the creator of Moore’s Law Is Dead, a popular media outlet that tracks the computer industry. (To protect his privacy, he uses only his first name online.) “This isn’t price gouging by your local retailer. Retailers like Best Buy or Micro Center aren’t arbitrarily marking up sticks of RAM to make a quick buck. In fact, they are frustrated because high prices drive customers away.”

    And the scarcity contagion is spreading beyond RAM. The demand for AI chips is squeezing the supply of NAND flash (used in SSDs) and traditional hard drives, as well. DigiTimes Asia recently reported that contract prices for traditional hard drives have already jumped roughly 4 percent in the last quarter as cloud giants buy up massive high-capacity drives.

    In the component market, the inflation has already arrived. But walk into a Best Buy today, and you won’t see big price hikes on laptops or other devices ... yet.

    "We haven’t really seen any price adjustments just because it’s the middle of the holiday season," says Avery Bissett, laptop and desktop analyst at OpenBrand, a research firm that tracks retail pricing and product data.

    Bissett explains that because holiday promotional plans were “locked in several months ago,” retailers are effectively shielding consumers from the rising costs of production.

    But this protection is temporary.

    Experts say that next year, once the holiday inventory clears and new contracts kick in, that lag will vanish. And, they warn, we are about to experience shortages that could make 2026 one of the most expensive years ever for consumer electronics. And the effects may extend beyond computers—everything from TVs to tablets to smartphones to smart-home devices uses RAM, too.

    So if you anticipate needing new devices next year, it could be smarter to buy now while you can still get 2025 prices.

    Hello, Shrinkflation: Paying More for Less

    Manufacturers know you hate seeing a higher price tag. So, to keep the price steady, at least some of them may try a sneaky tactic: shrinkflation.

    Avril Wu, senior research vice president at market research firm TrendForce, predicts that manufacturers will try to keep price hikes in check by quietly reducing the performance of their devices.

    “Both approaches are likely to occur,” Wu says. “High-end models are more likely to see outright price increases while mid- to low-end models will more often adopt de-spec strategies to maintain price points.”

    OpenBrand’s Bissett agrees, warning that manufacturers will try to “slide in” lower-specced models to hit familiar $599 and $799 price points. “It doesn’t even just have to be RAM,” Bissett says. “You could downgrade the screen. You could cut some corners or features elsewhere.”

    In plain English? That $600 laptop you buy in 2026 might look identical to the 2025 model, but under the hood it may have a dimmer screen and 8GB of RAM instead of 16GB.

    This pay-more-or-get-less reality is hitting smartphones just as hard. Counterpoint Research warned this week that while average smartphone selling prices will likely rise by 6.9 percent next year, the problem for budget-conscious shoppers is the degradation of the phone itself.

    “In some models, we are seeing downgrades of components like camera modules, displays, and audio components,” Counterpoint senior analyst Shenghao Bai says in the report. Manufacturers could also drop lower-end devices from their lineup altogether in the face of rising costs.

    For shoppers, this creates a double squeeze in 2026: The cheap phones are disappearing, and the midrange devices are getting worse cameras just to keep their prices from exploding.

    How to Beat High 2026 Prices

    If you are hoping prices will normalize by the time back-to-school sales roll around next summer, industry experts say you are making a risky bet. Here are some alternatives.

    Buy Now (If You Can): “If you know you’re going to need a laptop next year, now’s the time,” OpenBrand’s Bissett says. The holiday season is likely the last time we will see aggressive discounting before the new pricing reality sets in for 2026.

    Consider Buying An Older Model: If you can’t buy now and find yourself surrounded by higher prices next year, it may be smart to buy an older model (including refurbished options), whether that’s a laptop, phone, or any other device. Year-on-year improvements are typically not that significant, and many consumers don’t even notice the difference. For example, Walmart sells the 2020 M1 MacBook Air, which did very well in our tests and is still quite capable today, for $600; for $250 more, you can get the 2025 M4 MacBook Air if you want the latest and greatest. You might also consider the 2024 iPhone 16 ($700) or the 2025 iPhone 17 ($800), instead of waiting for next year’s new model. And if you’re more of an Android person, the Google Pixel 9a often dips below $400 during sales, and was $350 for Black Friday just a few weeks ago.

    Shop Around: When prices do start to rise, they likely won’t rise everywhere at once. Large retailers often have stronger pricing contracts that allow them to hold the line on prices longer than smaller shops. If you see a price hike at one store, see what others are charging. Another major retailer might still be selling through its older, lower-priced inventory.


    Nicholas De Leon

    Nicholas De Leon is a senior reporter for Consumer Reports, covering laptops, wireless routers, tablets, and more. He has been at CR since 2017. He previously covered tech for Vice, News Corp, and TechCrunch. He lives in Tucson, Ariz. Follow him on X for all things tech and soccer @nicholasadeleon.