# Nothing Kills Budget Phone: Here’s Why

URL: https://technosports.co.in/nothing-kills-budget-phone-heres-why/  
Published: 2026-06-22  
Updated: 2026-06-22  
Author: Raunak Saha

Nothing has officially scrapped its next CMF budget smartphone. Co-founder Akis Evangelidis blamed a global memory chip crisis, as AI data centers swallow supply. With DRAM costs surging, building a budget device is now mathematically impossible. Prices would have nearly doubled to $420. The era of ultra-cheap hardware is officially over as AI takes priority over your next smartphone upgrade.