Memory used to be worth more than gold by weight, and still every stick was sold.

GPUs, flight controllers, etc went sky high during the pandemic and we still buy them today.

Hard drives got way more expensive during flooding, and we still have local storage.

> Memory used to be worth more than gold by weight, and still every stick was sold.

And right before that, was it dirt cheap? No? Slightly different scenario then.

> GPUs, flight controllers, etc went sky high during the pandemic and we still buy them today.

They're even more now...

> Hard drives got way more expensive during flooding, and we still have local storage.

Nowhere near as expensive as they are now, nowhere near as high a jump in price in a short period of time as now. Plus, there was a defined end point of "flood over, back to normal." There is no "AI data center build out over, back to normal" in sight.