The AI revolution that shows no signs of stopping appears at times to have echoes of the gold rush. Whisper networks spread quickly through communities about new scarce commodities, and suddenly there’s a surge of interest as people snap up resources. For most of the ChatGPT era, you’ve struggled to get hold of a GPU for neither love nor money, with Nvidia practically able to manage its own waitlist, so great is the demand.

Much of the media’s attention – and plenty of investment – has been focused on the dash to grab as many GPUs as possible; most recently, memory has become a focal point.