Sridhar Vembu Explains Why Phones and Laptops Are Getting Expensive in 2026

Sridhar Vembu Warns of Rising Costs as Memory Prices Jump 500% Amid AI Boom

Zoho founder Sridhar Vembu warns AI investment boom could end like the 1990s telecom bubble as smartphone and laptop prices rise. Sridhar Vembu warns that the AI investment boom could follow the telecom bubble, with rising device prices already showing its impact.

Sridhar Vembu explains why phones and laptops are getting expensive in 2026

Zoho founder Sridhar Vembu has warned that the massive AI investment boom is pushing up the cost of memory and other technology components, making smartphones and laptops more expensive. He believes the current AI credit boom could eventually face a fate similar to the telecom investment bubble of the early 2000s, even as AI technology itself continues to grow.

Zoho founder says stay positive on AI even as phones, laptops get expensive

Sridhar Vembu said the AI investment boom is straining the tech supply chain and raising costs. He said AI can still fulfil its promise, but the credit-fuelled frenzy around it could end badly.

High Prices of RAM and Storage Endangering Companies, Claims Zoho's Sridhar Vembu

The increasing costs associated with RAM and storage are reportedly creating significant challenges for companies, particularly in the artificial intelligence sector. Sridhar Vembu, the co-founder and CEO of Zoho, has recently emphasised the difficulties faced by businesses due to skyrocketing memory prices. Vembu stated that memory prices have surged by 500 per cent over the past year, further complicating operational dynamics for tech firms de…