“The shortage stems from a lack of wafer capacity, and securing additional wafers takes at least four to five years,” he said. “We expect the industry-wide supply shortfall to persist at over 20 percent through 2030.”

  • Yggstyle@lemmy.world
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    1 day ago

    I’m pretty sure Samsung (?) Is on record for saying they have no interest in ramping capacity. Historically they’ve [memory manufacturers] done this before.

    Announcing a shortage this long serves no purpose but to stoke fear and speculation … Which drives prices up and hording.

    • kata1yst@sh.itjust.works
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      9 hours ago

      Yep exactly. As soon as they announced they weren’t going to ramp capacity I thought the exact same thing. They’re taking advantage of the situation to pad their pockets as thoroughly as possible.

      And if demand continues theywill ramp and say they “reevaluated the market”, and thus get the benefits of panic buying AND a larger sales volume.

      And mark my words- prices will never fall back to where it was without enormous market distruption.

      • Yggstyle@lemmy.world
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        8 hours ago

        Yup. It pains me to say that this AI bubble has something for every facet of this industry. Anyone looking to make a fast buck at the expense of the end user has this new blanket “reason.”

        So we have AI confidently spewing bullshit… And conmen CEOs selling snake oil. Its almost too perfect.