Comment by t312227

hello,

as always: imho (!)

idk ... the article is like ... comparing apples with oranges:

telecommunication-networks and similar kind of infrastructure are also called "natural monopolies"

* https://en.wikipedia.org/wiki/Natural_monopoly

and often those monopolies where (initially) build with public funding.

i don't think these characteristics apply to DRAM/semiconductor related facilities as we have them today.

i think the only "thing" which could "save us" from our own and the DRAM manufactures "greed" are new factories ... anywhere, but right now china looks "the most promising" at least to me.

additionally: i think these articles could be seen as somewhat related

"TSMC Risk"

* https://stratechery.com/2026/tsmc-risk/

and

"The Benefits of Bubbles"

* https://stratechery.com/2025/the-benefits-of-bubbles/

in a nutshell: the "upside" / result if the ongoing AI bubble pops could be

1. more semiconductor facilities

2. more power-generation facilities

cheers a..z