3 ms·

But once you get past econ101, you are taught how markets react to percieved bubbles, how those with near monopolies would rather pocket a windfall now than ris

But once you get past econ101, you are taught how markets react to percieved bubbles, how those with near monopolies would rather pocket a windfall now than risk investing in future expansions.

dismalaf 2mo ago
Well, look at AI. It sure looks like a bubble, why wouldn't every fab just profiteer now?
- scrtm 2mo ago
  micron is up to like 85% gross margin this year
  - dismalaf 2mo ago
    Yes, when demand spikes prices rise.
    - scrtm 2mo ago
      sure, but spikes are sharp and demand is expected to continue outpacing supply/capacity for the foreseeable future afaict