Yes. Several new memory fabs are expected to come online in 2028, one in late 2027:

https://manufacturing.economictimes.indiatimes.com/news/hi-t...

So I guess the price should come down substantially in about two years.

(Except if the data center demand keeps growing to eat up that increased supply. But at that point the bottleneck might shift somewhere else, e.g. to TSMC and processor manufacturing.)