By Lisa Eadicicco, CNN

Photo: SeongJoon Cho / Bloomberg / Getty Images via CNN Newsource

Fancy cameras, giant screens and massive storage usually make smartphones more expensive. But next year, it's a routine component that might be boosting prices: memory.

And it's not just phones. Any device that uses memory, from phones to tablets and smartwatches, could get pricier.

Memory prices are rising for consumer products because major manufacturers are instead ramping up production for AI data centers as artificial intelligence companies boom.

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