NCTA-led groups warned of US memory chip shortage on June 3

On June 3, 2026, a coalition including NCTA, ACA Connects, NTCA, the Telecommunications Industry Association, MDMA, AdvaMed, the Alliance for Automotive Innovation, the Retail Industry Leaders Association, and the National Retail Federation sent a letter to U.S. Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick warning of a U.S. memory chip shortage.

The coalition said rapid expansion of artificial intelligence data centers is increasing demand for memory chips and causing what the letter called an "unprecedented surge in the price of memory chips and reduced supply of these chips for manufacturing and consumer-facing industries." The groups said market imbalances persist despite U.S. investment intended to expand chip manufacturing capacity.

The letter said the shortage could increase costs for everyday electronics and telecommunications infrastructure, while also affecting automobile production, medical device manufacturing, and federal contractors. The coalition asked the U.S. government to work with memory chipmakers and chip buyers, accelerate capacity expansion in the United States and allied countries, use trade and investment agreements to strengthen supply chains, and adjust regulatory frameworks to support faster sourcing and innovation.