The AI boom is driving up tech inflation, rewriting the two-decade-long history in which tech products “only fell in price, never rose.”
Source:
x.com
Latest data shows that U.S. computer software and accessories prices rose 14.5% year-on-year in May, while producer prices for electronic components surged 27% year-on-year—both hitting record highs. Market analysts believe surging demand from AI data centers for chips and memory is becoming a key driver of inflation in the technology sector.