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Smartphone sales hit steepest decline on record as AI memory chip demand reshapes semiconductor market

Yahoo Finance AIMay 27, 2026
Smartphone sales hit steepest decline on record as AI memory chip demand reshapes semiconductor market

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3 Key Points

  1. Yahoo Finance Tech Editor Dan Howley presented data on Market Domination showing the steepest decline in smartphone sales on record.

  2. Soaring demand for AI memory chips is reshaping the semiconductor market, with Android devices taking a bigger hit than Apple products.

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