True if production capacity increases but it's an oligopoly and manufacturers are being very cautious because they don't want to cut into their margins. That's the problem with concentration. The market becomes ineffective for customers.

It's not about cutting in to their margins, if they end up scaling up production it will take several years and cost an untold amount of billions. When the AI bubble pops, if there's not replacement deman there's a very real chance of them going bankrupt.