I can't help but be the pessimist angle. RAM production will need to increase to supply AI data centers. When the AI bubble bursts (and I do believe it will), the whole computing supply chain, which has been built around it, will take a huge hit too. Excess production capacity.

Wonder what would happen if it really takes a dive. The impact on the SF tech scene will be brutal. Maybe I'll go escape on a sailboat for 3 years or something.

Anyway, tangential, but something I think about occasionally.

Prices are high because no one believes it's not a bubble. Nvidias strategy has been careful careful with volume this whole time as well.

The thing is it's also not a conventional looking bubble: what we're seeing here is cashed up companies ploughing money into the only thing in their core business they could find to do so with, rather then a lot of over exuberant public trading and debt financing.