A bad moment to have a make-or-break moment for your CPU business - a lot of customers will probably hold off purchases right now because of the RAM prices, no matter how good your CPU might be.

Isn't this new server CPU a drop in replacement though? So the DC could pull off the old CPU, drop in the new one and not touch the existing RAM setup, yet be able to deliver better performance within the limits of the existing RAM. Then once RAM prices drop (okay that might be a while) separately upgrade the RAM at a different time.

That's semi-dependent on supplier arrangements; i.e. lots of shops won't want to upgrade CPUs on a server out of fear that they can't get support later; sometimes that's justified by contract, sometimes it's not.

In my experience, RAM costs will have very little impact on businesses buying servers. When we buy is pretty much set by contract and warranty cycles.

If you have enough cores, you could pool the L1 together for makeshift RAM!