What is also interesting is no one predicted this in 2022-2025 as LLMs were gaining widespread use. It just suddenly happened--"boom!" memory shortage in mid 2025 to early 2026,and it caught everyone by surprise. It was understood that the biggest bottleneck was "compute", not the memory. Even experts, such as popular AI bloggers, industry leaders, and top podcasters failed to anticipate this. No one on twitter either. I spend a lot of time online and I don't recall, afik, anyone before 2026 saying to buy memory stocks.

I think Leopold of "situational awareness" fame predicted this, tried to make it widely known on podcasts and x, and still started billions worth of hedge funding based on this.

Sam Altman laying claims on 40% of the world’s RAM wafer production is what took everyone by surprise. The supply shortage likely would have ramped up more slowly otherwise.