alt Hacker NewsThat's economical theory, but the real world is often non-linear.
Crucial is dead. There's a finite amount of rare earth. Wars and floods can bankrupt industries, supply chains are tight.
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Those are all temporary events and circumstances.
If the market is big enough, competitors will appear. And if the margins are high enough, competitors can always price-compete down to capture market-share.
The business that owns crucial is producing more chips than ever.
Rare earth metals are in the dirt around the world.
Supply and demand curves shifting, hence prices increasing (and decreasing) is an expected part of life due to the inability to see the future.
It's not even the economical theory. Supply should not increase to increased demand. They want more profit, and if less supplies is what accomplishes that, they will absolutely keep the supplies constant and manufacture a scarcity. This is the economical theory.
> Crucial is dead.
Micron stopped selling to consumers to focus on the high margin enteprise market. Might change in the future.