alt Hacker NewsThe usual argument is that as prices rise, demand will shrink and supply will rise to take advantage of the increased price.
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esperent • today at 6:33 AM
Yes, it will. It's just delayed because fab buildout takes several years.
The usual argument is that as prices rise, demand will shrink and supply will rise to take advantage of the increased price.
Yes, it will. It's just delayed because fab buildout takes several years.
It all depends on the particular situation as to whether there is elasticity of supply or demand.
In this particular situation there is a bit of inelasticity of supply because it takes a long time to spin up a DRAM factory and if people believe it is temporary they won’t make the investment