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Micron locks in historically high memory prices for five years. Nice work AI bros.
(www.theregister.com)
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A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.
AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.
So when the bubble pops they'll just stop selling while the other sellers continue?
Yeah I don't think so, unless all sellers "lock in" their prices for 5 years it isn't happening and they're just saying this to get more companies to buy at high prices. If all of them do "lock in" their prices then this will probably be the second time the memory cartel is fined.
it's surreal that even if this was their goal, that they'd put it in print....