> The only way they will is if the hyperscalers and AI companies start to implode -- which will kill a huge portion of the US economy and lead to global recession, so, cheap RAM but nobody can afford it

This isn't right.

RAM prices (and most components) are very finely balanced between supply and demand. A small shortfall in supply leads to a large increase in price, and a large shortfall in supply leads to very large price increases.

It takes 2 years for an existing RAM supplier to build a new clean room factory to make RAM.

All the RAM manufactures saw this shortage coming 6 months ago.

If you follow the news, the existing manufactures are investing heavily. Here's Hynix annoucements:

Nov 25: Hynix plans 8-fold boost to cutting-edge DRAM production in 2026, https://overclock3d.net/news/memory/sk-hynix-plans-8-fold-bo...

Dec 25: Hynix investing $500B (I guess this is a mistranslation somewhere!!???) in new RAM factories, https://www.pcgamer.com/hardware/memory/hot-on-the-heels-of-...

Jan 26: Hynix to spend $13 billion on the world's largest HBM memory assembly plant, https://www.tomshardware.com/pc-components/dram/sk-hynix-to-...

The supply is being built to match the demand. Prices will stabilize, and the manufactures know there is lots of latent demand.

In 2 years time RAM prices for consumers will be normal again (not sure about GPU RAM though!)