No, completely wrong. Supply and demand will definitely fix this.
More HBM4 will drive the price of it down. That will make it less profitable to produce. That will mean firms shift some production back to more profitable "consumer" RAM. Increased supply will lead to lower prices.
A shortage is always followed by a glut.
What specifically did that say that you think is wrong?
Supply is currently moving the wrong way. Supply and demand for consumer DRAM will get even worse, even if it will "definitely fix this" in the long run.
And the fact that production is moving the wrong way suggests that in the short term supply and demand is actually doing more harm than good. HBM is so profitable it's radioactive.
I don't know where you got the idea in another comment that all memory will get "very cheap quite soon". They're not increasing total memory production.
> That will mean firms shift some production back to more profitable "consumer" RAM. Increased supply will lead to lower prices.
Long-term, sure. But the article we are discussing is about next year, non-HBM supply going from 60% of their output to 20% (HBM 40% → 80%).