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this post was submitted on 04 Apr 2026
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Asklemmy
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They never bought the RAM, they put out a letter of intent to buy up to 40% of the global supply. Because business leaders are equal parts malicious and stupid, this lead to a run on RAM before prices spiked due to low supply, causing a price spike due to low supply.
A letter of intent is not a contact and is not binding. It's the equivalent of a New Year's Resolution blog post.
The fabs themselves work on multi-year contracts where the buyer commits to purchasing a certain capacity of the total production. If they expect to produce 100 million sticks in a year and someone offers to buy 40 million of them, it's still in their interest to have many buyers in case that customer can't follow through or backs out.
That's a dang odd thing for a US market segment to initiate on a global scale shortly before the country kicks off war on a new front or two...