Comment by aurareturn

I'll add that the GPU, CPU, storage, and RAM industries crashed in 2022 after a Covid-induced boom.[0]

Everything was cheap. Samsung sold SSDs at a loss that year.

TSMC and other suppliers did not invest as much in cap ex in 2022 and 2023 because of the crash.

Parts of the shortage today can be blamed by those years. Of course ChatGPT also launched in late 2022 and the rest is history.

[0]www.trendforce.com/presscenter/news/20221123-11467.html