alt Hacker NewsA long article begging the question when the last paragraph or two countered the panic of the beginning. Two Chinese firms are ramping up production of consumer RAM/SSDs because they see a market opening as the existing producers move to selling to enterprise/hyperscalars.
There have been memory chip panics before, the US funded RAM production back into the 80s/90s in competition with Japan at the time.
The AI boom/"hyperscale" currently is almost exactly like the dotcom boom.
It's already starting to shake down. Anthropic is occupying the developer space, OpenAI has just exited the video/media production space. More focused and vertical market AI is emerging.
The current vortice of money between OpenAI <-> Microsoft <-> Oracle <-> NVidea <-> Google <-> etc etc is going to break.
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> Two Chinese firms are ramping up production of consumer RAM/SSDs because they see a market opening
Yes but these Chinese firms are a tiny share of the overall RAM/SSD market, and they'll have the same problems with expanding production as everyone else. So it doesn't actually help all that much.
The effects of the AI hyper scaling boom on the commodity hardware and energy markets are very much not like the dot com boom.
Outside of the obvious economic effect of the dot com boom - the creation of near infinitely scalable high margin online businesses - there was a secondary effect on consumer electronics, with a massive growth in demand for networked devices; there was then much more of a balance between the hardware growth in the network infrastructure and data center worlds as well as in desktop and mobile.
The AI boom’s hardware impact is much more skewed, as this article details.