Not even gamer DDR5 RAM kits are safe from OpenAI as OpenAI employees are allegedly buying any DDR5 kit they can

The memory market is in the gutter. To give you an idea of how bad things are, you can currently buy a refurbished Acer Predator Helios Neo 14 gaming laptop with an RTX 4070 and a two-year warranty for less than the price of this Corsair DDR5 64 GB memory kit. Things are not looking good, and serial leaker Moore’s Law Is Dead is pointing the finger at OpenAI.

According to Moore’s Law Is Dead, not only is OpenAI hoarding most of the global memory supply, but the company is also allegedly buying up consumer DDR5 kits. OpenAI employees are reportedly walking into retail stores and trying to get their hands on as many DDR5 kits as possible. The information came to MLID through several sources, including retail and RAM suppliers.

Interestingly enough, the alleged OpenAI employees aren’t just buying ECC memory but even DDR5 memory modules targeted at gamers.

So, OpenAI’s strategy, which seems to be more focused on depriving the competition access to fast memory, is not only affecting their competition but also gamers and general consumers. From GPUs and SSDs to laptops, nearly every consumer tech segment that uses RAM is suffering from the memory supply crunch. We are already bracing for an increase in laptop and GPU prices, for instance.

OpenAI needs a lot of cash over the next 12 months

OpenAI allegedly hoarding the global DRAM supply would suggest that the company has a lot of cash on hand. However, the reality is starkly different. OpenAI has never turned a profit and isn’t expected to until 2023. On the contrary, it is estimated that the company needs an absurd $400 billion in funding over the next year to fulfill the deals it has already made.

So, it boggles one's mind that a company that is in dire need of liquidity to the tune of hundreds of billions of dollars is going around trying to buy up as much memory as it can. While we can’t say if this is all a big AI bubble waiting to burst, Michael Burry thinks so, and OpenAI is certainly giving us ample reasons to agree with The Big Short investor.