for me RAM is a perfected technology, new buses will come, more speed, but it will fundamentally be the same manufacturing process, same materials. The prospect is that LLMs will keep getting larger, more RAM will be required, and the prices will keep getting higher, or along the curve, while the demand will keep up with it because everything has RAM in it. Do you see a point in the future where the industry forks out of this, and there’s an alternative where the end user is not affected as much from the demand of this resource?
Scaling up fabs to increase supply is a very long-term process. You don’t want to do it if you think the demand won’t last at least several years. Maybe RAM manufacturers are drinking the koolaid and are spinning up fabs as fast as possible. Maybe they see the writing on the wall and are just cashing in until the demand dissolves.