> You could have manufactured enough ARC video cards to meet demand.
I don't know if anyone told you, but GDDR is included in the current RAM shortage.
Even with insane memory prices, 16GB of GDDR7 is ~$200-300 at most. That by itself isn't responsible for GPU prices to explode. The fabs are just producing more profitable chips, so everything else becomes more expensive as they compete for a much smaller remaining capacity at TSMC.
Definitely not just a memory problem.
The upcoming cards for local inference use LPDDR (which is also not immune to the shortage) - but maybe it's time Intel gets back to its roots and produce some memory chips. CXL Optane would also shine as a KV cache store.