Only a few memory suppliers remain, after years of competition, and they have intentionally reduced NAND wafer supply to achieve record profits and stock prices

Only a few memory suppliers remain, after years of competition, and they have intentionally reduced NAND wafer supply to achieve record profits and stock prices, https://news.ycombinator.com/item?id=46467946 https://news.ycombinator.com/item?id=46467946 In theory, China could catch up on memory manufacturing and break the OMEC oligopoly, but they could also pursue high profits and stock prices, if they accept global shrinkage of PC and mobile device supply chains (e.g. Xiaomi pivoted to EVs), https://news.ycombinator.com/item?id=46415338#46419776 https://news.ycombinator.com/item?id=46415338#46419776 | https://news.ycombinator.com/item?id=46482777#46483079 https://news.ycombinator.com/item?id=46482777#46483079 AI-enabled wearables (watch, glass, headphones, pen, pendant) seek to replace mobile phones for a subset of consumer computing. Under normal circumstances, that would be unlikely. But high memory prices may make wearables and ambient computing more "competitive" with personal computing. One way to outlast siege tactics would be for "old" personal computers to become more valuable than "new" non-personal gadgets, so that ambient computers never achieve mass consumer scale, or the price deflation that powered PC and mobile revolutions.