I think I’m missing something. Financially, what bag would the memory makers be holding here? I don’t think I’m well informed regarding how these deals were structured.
OpenAI (or whoever) crashes and can't pay for the order leaving the memory makers in a tough spot.
Oh noes! Think of a poor memory makers!
The amount of money flowing both from the AI bubble and from quite literally scalping both the server and consumer market... They gambled on the opportunity and if they fail - it's their problem.
Capitalists did their gamble things. If they fail in that gamble what forbids them to sell the regular RAM they made for AI bubbleists to the regular consumers? Besides HBM it's just the regular chips which are exactly the same for the consumer/server market, why it would be any different?