New Delhi, Jan. 11 -- By December this year, there will not be enough memory or RAM for all your computers or mobile phones - an essential part of all computing devices - thanks to AI.

All computing devices require RAM for short-term memory storage, and the demand from companies like Nvidia , Advanced Micro Devices and Google for their artificial intelligence chips are far greater than the supply, according to a report by CNBC. They are first in line to get access to those components.

The businesses of Samsung Electronics, Micron and SK Hynix are experiencing a sharp surge in demand. They make up almost all of the RAM market.

"We have seen a very sharp, significant surge in demand for memory, and it has far outpaced our ability to supp...