>that the limited supply goes to the buyer who need it the most
Everything else you said is accurate, but this is not. Supply will go to those most able to pay, not those who need it the most. It is not a moral allocation, which your language implies.
Not really. They can get RAM just fine, and delay upgrade/refresh cycles to stretch existing component lifecycle, which was already very long if they needed to.
They can get RAM at drastically more expensive rates. And not all critical applications have unlimited budgets to absorb the increase. It’s the reverse Jevon’s paradox.
Everything else you said is accurate, but this is not. Supply will go to those most able to pay, not those who need it the most. It is not a moral allocation, which your language implies.