Except the increase in prices is not tied to M2 in this case. It's clearly a matter of supply not matching demand, as a result of changes in priorities of computing equipment manufacturers. You don't have to look at M2 to understand that Micron, Samsung and SK Hynix deprioritising DDR memory over HBM for AI data centres has led to the rapid increase in prices for consumer-grade RAM.
It's not just to do with profit, there are other factors involved. For example, AI companies placing large orders is good for RAM manufacturers as it's easier to plan production schedules. The RAM industry is fairly volatile in terms of it being hard to predict demand. That's just one additional factor, there are others.
