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Barchart
Barchart
Aditya Raghunath

Nvidia’s Biggest Customers Face a Painful New AI Bill

Nvidia Memory Microsoft NVDA Colette Kress Google Oracle Micron SK Hynix

Nvidia (NVDA) has been the undisputed king of the AI boom. Its chips power major artificial intelligence systems, driving the tech stock up 1,300% since the start of 2023. But even Nvidia can’t dodge a supply problem that will affect AI spending for its largest customers.

According to Bloomberg, Nvidia has told its key customers that servers built with its AI chips will cost more than 15% more starting early next year. The reason comes down to one thing: memory chips.

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