Tech

Tech Sector Struggles Amid AI Concerns

Updated 2026-06-12 20:10 UTC 2 sources Negative

Nothing CEO Carl Pei announced that phone prices will continue to rise due to a RAM shortage. Meanwhile, Adobe’s CFO is leaving for Marvell, adding to concerns in the software sector.

Coverage timeline — 2 articles
The Verge
If you're thinking about upgrading your phone, "the best time was yesterday," according to Nothing CEO and co-founder Carl Pei, echoing a message we heard during MWC. As Android Authority reports, Pei said in a post on X that the RAM shortage has already impacted Nothing's less expensive mid-range p
2026-06-12 20:02 UTC
MarketWatch
The software sector has struggled in recent months amid concern that software companies will struggle to survive in the AI era
2026-06-12 19:51 UTC
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