> Especially with how volatile the whole AI bubble is.

There's nothing volatile about the AI bubble, it's been going on for a while regardless of cost and that will continue because of politics - which is rather transparent.

> I just don't see why someone who invest several multi billion dollars to squeeze into a potential window that may or may not last 3 years.

Interesting, Chinese companies don't seem to know this, they're investing bigly in RAM and other silicon despite being sanctioned and tariffed up the wazoo. Should we tell them that it's a crunch for no more that 3 years so they don't waste themselves for nothing?

The more interesting question is why Chinese RAM is hugely tariffed, if not for preserving the crunch and its monopoly pricing?

> I mean, we can assume the people who make the memory love getting huge prices for it.

Your mistake is to think of the RAM makers instead of the systemic reasons for the problem, these would have to include tariffs, sanctions, subsidies, etc that drive market pricing, RAM manufacturers and their potential competitors.