The AI companies are also buying tons of it and just locking it away. They can’t use it, they are keeping competitors from using it. If competition with you will cost me $20 billion in revenue, but buying $15 billion worth of RAM stops you from being able to compete, buying the RAM just to destroy it is a no brainer.
The AI companies are also buying tons of it and just locking it away. They can’t use it, they are keeping competitors from using it. If competition with you will cost me $20 billion in revenue, but buying $15 billion worth of RAM stops you from being able to compete, buying the RAM just to destroy it is a no brainer.
Nobody is buying to destroy. They’re all starved for compute right now. Hence the dynamic pricing to stop people using at peak times.
Not physically destroy, you’re right, but they are buying to shelve until obsolescence. Which is as good as destroyed.
They are also starved for compute. Because they cannot get data centers physically built-out fast enough.