alt Hacker NewsWe already had that. Memory prices got really low for a while. If there are too many companies with too much capacity they’re forced to race to the bottom until one of them collapses and reduces supply.
We already had that. Memory prices got really low for a while. If there are too many companies with too much capacity they’re forced to race to the bottom until one of them collapses and reduces supply.
Yup, see my previous boom-and-bust comment. In particular vendors will remember the price crash in 2022/23, the industry only recovered once the AI mania set in. There'd been another boom around 2020/21 when supply-chain panics meant hyperscalers bought up huge inventories, and just before that another low around 2019. So the current situation is standard pre-bust behaviour.