The disruption to consumer electronics, both PCs and SBCs, will last for several years at minimum
There's no substitution good here.
Why would they ever voluntarily lower prices? They've price fixed multiple times.
The new floor is thousands of dollars for something that was $40 last year. Either suck it up or organize and fight back. That's up to you
Liquidation of data center equipment flooding the used market plus a sharp drop in demand for new chips with the withdrawal of the private stimulus money flowing in from private credit. I don't know that I would call it "voluntary", but I predict that's what's going to happen.
Markets can and do enter patterns of HODL'ing blathering idiocy and can stay there indefinitely.
Once consumers think something is some precious thing this is how they react. Whether its handbags with designer logos stamped on them, a pair of sneakers made for $5, flimsy pieces of paper with baseball players on them, or giant numbers representing cryptographic math solutions, people will irrationally indefinitely prop stupid things up at stratospheric prices forever.
Look at Louis Vuitton or Patek Phillipe watches. They've cost like $500,000 for 200 years (inflation adjustment of course). It's just a watch...
"Computer" has now exited the commodity class and entered that bullshit hoarding class.
The hardware tulip mania could end or it could go on until well after your grandchildren are dead
If you think Samsung hynix or micron will fix it, would they rather have the profits of Gucci or The Gap... They all switched to the scarcity model simultaneously and when a new player comes in like CXMT, they're more than happy to join the cartel and play along.
That a good point. Let's hope the RAM hoarding will eventually get us that and not bullshitting hallucination machines.
Market bubbles bursting doesn't lead to consumer price drops. The reduced demand from data centres will lead to a reduction in manufacturing rather a lower price.