Other than this recent spike, it's been trending cheaper continuously for decades. In a few years 128GB will be as affordable as 12GB (what flagship phones have now) is today.

Their prices are currently so unreachable because of the big players hoarding every chip they can get their hands on, but if/when the market realizes that locally deployed LLMs are the way to go, maybe (hopefully?) then more chips will be available to the consumers for lower prices.

“Gradually, then suddenly”