Will there be increase in production if the 3 companies that make the RAM decide they can profit more by keeping production mostly the same and flogging it for 10x the price of a couple of years ago to a few AI companies happy to burn cash?
China spoiling the party is still the system working though. The price of ram is so high that it makes sense for new producers to start to exist. The fact that all the ram in the world comes from 3 suppliers is a big problem, and the high prices are a forcing function for solving that problem
The only hope is China spoils the party.