alt Hacker News> Aren’t prices sky rocketing precisely because of excess demand?
Not exactly. The RAM crisis was sparked by OpenAI contracting with multiple vendors to take vast quantities of raw, unfinished wafers off the market. Wafers which OpenAI had no use for -- they just wanted to starve competitors.
This is different from an "AI is so popular that manufacturers can't keep up with demand" story.
OpenAI and Anthropic are the sleaziest companies that have come out of Silicon Valley in a long time, and that's really saying something.
Replies
petre • today at 11:24 AM
It basically Silver Thursday all over again but with RAM. I wish they crash and burn like the Hunt brothers did, Altman goes the way of Sam Bankman-Fried and Micron gets bought by the Chinese. That's what they all deserve.
I think you are splitting hairs. Both arguments boil down to 'AI companies are taking all the chips'. It doesnt really matter why, the result and reasons are the same.