Apparently the "AI" bubble soaked up every available hardware component, including GPUs, memory, FPGAs. The company I work for probably won't be able to build new hardware this year. To me it seems likely that the big tech companies, like Microsoft and Amazon just bought all the hardware inventory to force people to use their trash cloud services. They apparently want a "hardware as a service" model---that can't work.
Will the government intervene and launch a RICO case against them? Very unlikely.
It seems like a case of terminal malinvestment.
In prior eras, the tech companies colluded against their workforce to keep wages low.
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