Lenovo Stockpiling PC Memory Due To ‘Unprecedented’ AI Squeeze

An anonymous reader quotes a report from Bloomberg: Lenovo is stockpiling memory and other critical components to navigate a supply crunch brought on by the boom in artificial intelligence. The world’s biggest PC maker is holding on to component inventories that are roughly 50% higher than usual, Chief Financial Officer Winston Cheng told Bloomberg TV on Monday. The frenzy to build and fill AI data centers with advanced hardware is raising prices for producers of consumer…