From price hikes to working with chip brokers, Framework's CEO tells us how he's navigating the memory shortage

"You have to look at capitalism as a machine and accept it for what it is," Framework CEO Nirav Patel told Business Insider.

Framework

• PC maker Framework has raised prices multiple times as the memory shortage drags on.
• CEO Nirav Patel told Business Insider about his strategy as he navigates rising chip costs and supply crunches.
• "The price is what it is, unfortunately," Patel said. He said his goal was to stay in production.

The memory crisis is making it more expensive to build consumer electronics.