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Nvidia's move to expand AI-powered PCs could reshape where global consumers and companies use artificial intelligence, shifting more work onto local devices rather than cloud services. The timing matters because handset demand is weakening rapidly, and the industry is confronting higher costs, weaker upgrade demand, and a more difficult global outlook.

Global Smartphone Market Faces Record 13.9% Decline As AI Boom Triggers Chip Shortage Crisis June 2, 2026 | by Samuel Nwite | 0 The global smartphone industry is heading toward its sharpest annual contraction on record, as a severe shortage of memory chips, intensified by the ongoing U.S.-Iran conflict and the AI infrastructure race, disrupts production and threatens the economics of low-cost mo

Global smartphone market faces record 14% decline amid chip shortage Memory chip shortages driven by AI demand are pushing smartphone shipments to their lowest level since 2013, while average prices c

On June 01, 2026, Counterpoint Research reported a significant decline in the global smartphone market, forecasting a 13.9% drop in shipments to 1.08 billion units this year. This news comes at a time when Super Micro Computer Inc SMCI +7.02% 87 is navigating its own challenges and opportunities in the technology sector.

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