This is part of how free markets self correct, misallocate resources and you run out of resources.

You can blame irrational exuberance, bubbles, or whatnot markets are ultimately individual choices times economic power. Ai, Crypto, housing, Dotcom etc going back through history all had excess because it’s not obvious when to join and when to stop.

Usually companies run out of resources before they screw up global prices in massive markets.

If it was a couple billion dollars of memory purchasing nobody would care.