[bparsons]

Most markets don't have three purchasers trying to corner the entire supply of one product.

[Scoundreller]

I guess we’d call this oligopsony?

The monopsony (single buyer of a good) equivalent of an oligopoly?

Phew, it is a word, but not a highly studied one!

https://en.wikipedia.org/wiki/Oligopsony

[Aurornis]

Economic history is full of examples of demand shocks. This is not some unique situation that has never occurred before.

This is actually a clean commodity price spike because it’s specifically not for market manipulation or financial engineering. It’s because demand for this product really did explode overnight.

[fao_]

> This is actually a clean commodity price spike because it’s specifically not for market manipulation or financial engineering. It’s because demand for this product really did explode overnight.

Based on how the same 3 billion has been circiling between Anthropic, OpenAI, Nvidia, Google, Microsoft, Amazon, and a few other companies... I really doubt that this is the case, to be honest.

[browningstreet]

You're being exceedingly pedantic over the use of the colloquialism "DRAM tax" but then you allow "demand shocks". So yeah, everyone's shocked.

Weird hill..

[throwaway5465]

It is manipulation when wafers are purchased in order to not process further a la OpenAI.

[Juliate]

By 3 buyers who have no known plan to finance the purchase orders they have made.

Economic history is also full of examples of bubble bursts.