Tech

Federal Reserve Warns of AI-Driven Chip Shortage

Updated 2026-10-06 16:55 UTC 1 source Negative

Mary Daly, president of the Federal Reserve Bank of San Francisco, warns that AI demand could exacerbate an ongoing energy crisis and lead to higher chip prices.

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Axios

SF Fed president: AI demand could extend energy shock

Some companies are preparing for an AI-fueled chip squeeze that could push up prices far beyond the data center boom alone, Mary Daly, president of the Federal Reserve Bank of San Francisco, tells Axios.<stron

2026-10-06 15:55 UTC