Related comments on an Elreg article about Raspberry Pi price rises (tyops in original):

as I read elsewhere recently: The reason why RAM has become four times more expensive is that a huge amount of RAM that has not yet been produced was purchased with non-existent money to be installed in GPUs that also have not yet been produced, in order to place them in data centers that have not yet been built, powered by infrastructure that may never appear, to satisfy demand that does not actually exist and to obtain profit that is mathematically impossible.

.... which drew the response:

Lots of "statements of intent" but very few actual contracts. It's almost like someone is bumping stock prices up for some very strange unfathomable reason that certainly has nothing to do with with some soft of pump and dump before the inevitable "Where profit?" crash.

[...] At least with the dot com bubble you could see a genuine use case for the internet. Where would your average person need AI?

.... I'll leave it there awhile.