Memory chip
A computer part that stores data, found in phones, laptops and game consoles.
In the news
How “memory chip” came up in recent issues.
- Oct 27Why a Switch 2 now costs $50 more than it did in August
“Many reports say the biggest reason is the AI boom: companies building AI data centers are buying huge numbers of memory chips, which leaves fewer for everything else.”
- Oct 23Tech stocks slid on AI spending worries, and phones cost more
“AI companies are buying huge amounts of memory chips, the parts that store data in phones and computers.”
- Oct 21Netflix earned more than expected, but its stock still fell
“It also warned that raw material costs, including memory chips, will come in at the high end of its forecast.”
Related words
- Budget
- A plan for how you'll spend and save the money you expect to get.
- Cost per month
- The price of something divided by the number of months you use it. It shows the real cost of a big purchase.
- Credit card
- A card that lets you borrow money to pay for things. If you don't pay the full bill each month, you're charged interest on what's left.
- Credit score
- A number, usually from 300 to 850, that tells lenders how likely you are to pay back what you borrow. Paying bills on time is the biggest factor.
- Demand
- How much of something people want to buy at each price. When the price goes up, people usually buy less.
- Dow Jones Industrial Average
- A stock market index that tracks 30 large U.S. companies.
Test yourself in Word sprint · All money words
Tomorrow’s bell-ringer in your inbox before first period: slides, a quiz and a worksheet. Free.