Have the laws of supply and demand been suspended? Capital is gonna pour into memory fabrication over the next year or two, and there will probably be a glut 2-3 years from now, followed by retrenchment and wails that innovation has come to a halt because demand has stalled.
We're not talking about growing tomatoes in your backyard.
Industrial production is no different, it just runs on different scales.
> Have the laws of supply and demand been suspended?
There is the law of uncertainty override it eg trade wars, tariffs , etc.
No 1 is going all in with new capacity.