- OpenAI triggered the DRAM crisis via their October 1st deal: https://openai.com/index/samsung-and-sk-join-stargate/

- contract guarantees 900.000 wafers per month, which is ~40% global capacity

- this starts the stockpiling race, everyone buys DRAM even if they don't need it right now, because they expect a shortage

Related:

Lenovo Stockpiling PC Memory Due to 'Unprecedented' AI Squeeze https://www.bloomberg.com/news/articles/2025-11-24/lenovo-st... (https://news.ycombinator.com/item?id=46045478)