A memory chip crunch could raise the price of consumer electronics for a while. Plus: Corpus Christi’s port boom, movie ticket prices, and Powell’s final press conference as Fed chair.
"Marketplace" host Kai Ryssdal talks about Jay Powell’s last conference as Fed chair and what’s ahead for new Fed chair Kevin Walsh with Sudeep Reddy from MSNOW and Courtenay Brown from Axios.
The demand for memory chips has skyrocketed with the rapid growth of AI infrastructure. The shortage poses a major challenge for the consumer electronics industry.
As conflict disrupts oil and gas flows through the Middle East, exports from the Port of Corpus Christi have reached new heights, driving jobs and investment along the Texas coast.
"It turns out that people who go to the movies are a little bit like people who fly in airplanes,” said Ben Fritz at the Wall Street Journal. “It's this the same basic experience, but some people are willing to pay more for something extra.”
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