It's not as common, I agree, but I work for a data center company that does almost exclusively bare metal servers and colocation. We have a VPS part of our comp

It's not as common, I agree, but I work for a data center company that does almost exclusively bare metal servers and colocation. We have a VPS part of our company but it's a different brand name and you won't find it on the main company's website. I still have Hetzner for a dedicated server in Europe, and it's fine. I've had it for several years now with no issues. Before getting this job, I noticed that most dedicated servers in America are from smaller companies that re-sell their dedicated servers or colocated servers from companies like my work's or other data centers (who mainly specialize in colocation services instead of selling their own hardware. I suppose in America, the main people companies target are for simple cheap VPS servers or "cloud scaling" services. You can also make a lot more imo by stuffing as many customers onto 1 server instead of dedicated hardware for each customer. Also a lot less management and support needed. At work 99% of our maintenance and support is for individual dedicated servers. The VPS side of the company requires very little intervention on our end.