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The AI hardware crunch has reached the humble circuit board

It's leaving PC makers short heading into 2027
Ripple effect: PC makers have spent most of this year chasing memory and graphics chips as AI data centers bought up whatever they could. Now the circuit boards those chips sit on are reportedly running short, too. The same factories are busy with far pricier boards for AI servers, so PC orders are getting pushed to the back of the line.
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HP and Asus are moving PC production back to China as soaring component costs force a rethink

Dell is also weighing a return
What we know so far: When US-China trade relations reached an all-time low last year, many global electronics manufacturers made a beeline for alternative low-cost manufacturing locations such as Thailand, Vietnam, and India. However, with skyrocketing component costs squeezing profit margins, some of these companies are reportedly shifting at least part of their PC manufacturing operations back to China.
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PC shipments are falling, but manufacturers are making more money selling pricier AI PCs

Bottom line: PC makers are selling more expensive machines into a market with fewer available units, as tight memory supplies reshape product mix, pricing, and demand for AI-capable systems. That shift is helping manufacturers preserve – and in some cases expand – revenue even as global shipments decline, but it is also pushing the industry further away from the low-cost devices that once drove volume growth.
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Nvidia says it's not buying a PC maker, but the idea didn't seem crazy

Editor's take: Nvidia's denial of buyout talks with a major PC maker did little to settle a deeper question hanging over the industry: If the world's most valuable chip designer chose to reshape the PC market by acquisition, who could realistically stand in its way? The company's influence over AI hardware is now so central that even an unconfirmed blog post suggesting talks with a "large PC-oriented company" was enough to jolt the shares of Dell and HP before Nvidia stepped in to say the story was false.
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These ultra-budget laptops "include" 1.2TB storage, but most of it is OneDrive trial space

Watch out for borderline fraudulent deals on Amazon
Cutting corners: As the ongoing AI-fueled memory shortages raise hardware prices, options for ultra-budget laptops are becoming limited. Some manufacturers and resellers appear to be taking advantage of the desperation in the sub-$500 segment with deceptive advertising, often including OneDrive trials in their storage specifications. Many also skimp on processors, screen resolution, and RAM when better deals show that this is unnecessary.