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Sanjay Mehrotra said the industry suffered from low prices, leaving companies with insufficient funds to expand production.
by datakan 4mo ago
Sanjay Mehrotra said the industry suffered from low prices, leaving companies with insufficient funds to expand production.
- ray_v 4mo agoSo, the argument is, "the markets forced us to collude and price fix!"? Sounds like "blame the victim" mentality to be honest.
- kyboren 4mo agoNo, the argument is, "If y'all hadn't squeezed us so hard, it would have been more profitable to invest in expanding production, so we'd have built more fabs and the memory shortage wouldn't be as bad right now." It's a pretty straightforward argument; I'm not sure why it seems so difficult for you to understand.
- jackb4040 4mo agoWhen supply and demand moves prices up, it's the invisible hand of the market. When it moves prices down, it's your individual fault and you should consider paying suppliers reparations.
- jackb4040 4mo agoIf my Granda had wheels she'd be a bicycle
- ahartmetz 4mo agoToo bad that companies expecting massive profits from certain investments can't get a credit for them! Nope, all out of money!