This is most likely the case. They ended their production run and have inventory (or so they thought). Now with the rush for LLM power, they sold out of them and they no longer have that inventory. This was a surprise to their bottom line AND their supply chain logistics plan!

I’m sure they wanted to order more but were priced out for the increase in ram costs. Apple probably decided it wasn’t worth it until they revamped the architecture (and put a larger order in this time around).

I’m not a buyer but I suspect that’s what’s playing out right now behind closed door meetings.