> Cloud providers have to buy new hardware too to grow and to replace failing/obsolete units.
They can negotiate better prices based on their scale, and even on their ability to internally source key components if needed.
E.g. if AWS/Microsoft/Google/Apple buy 80% of Micron's entire output it's probably at a much better price than the rest of us competing over the other 20% are going to get.
> Cloud providers have to buy new hardware too to grow and to replace failing/obsolete units.
They can negotiate better prices based on their scale, and even on their ability to internally source key components if needed.
E.g. if AWS/Microsoft/Google/Apple buy 80% of Micron's entire output it's probably at a much better price than the rest of us competing over the other 20% are going to get.