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cmayesterday at 1:44 PM1 replyview on HN

> RAM prices spiked speculatively

Didn't OpenAI buy up 40% of the capacity all at once?


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ajrossyesterday at 1:53 PM

No, they signed a bunch of contracts for future deliveries. That's not a supply constraint. The factories making RAM continued operating and serving their existing deliveries, and in fact they still are.

Freshman economics would say that supply is fine and that prices shouldn't move. But they did anyway. And the reason is speculation.

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