This is what consumers are always told. Prices go up as demand goes up or scarcity increases.
But once you get past econ101, you are taught how markets react to percieved bubbles, how those with near monopolies would rather pocket a windfall now than risk investing in future expansions.
Well, look at AI. It sure looks like a bubble, why wouldn't every fab just profiteer now?
micron is up to like 85% gross margin this year
But once you get past econ101, you are taught how markets react to percieved bubbles, how those with near monopolies would rather pocket a windfall now than risk investing in future expansions.
Well, look at AI. It sure looks like a bubble, why wouldn't every fab just profiteer now?
micron is up to like 85% gross margin this year