Isn’t it likely that prices are going to drop once production starts at the new fab?

depends on the market; one of the things I've seen repeatedly is new fabs opening to produce newer processes - replacing older fabs with larger nodes that then are shut down.

sometimes it's advantageous to keep the old lines going and eek every bit of market share out of them, sometimes it's prohibitive to keep older processes open.

but to respond to your query: in this market? in these crazy times? I'd be striking while the iron is hot and getting the maximum I could from every dram chip because the valuations of the hyperscalers and the surrounding ecosystem - open AI, anthropic, meta, google, nvidia etc., will continue to gobble it up until the bubble blows up in their faces.

Micron Locks In Historically High Memory Prices For Five Years

https://m.slashdot.org/story/455824

ho lee fuggin sheeeeeeeeeeeiiiiiiiiiiit

Even massive efforts to build new chip fabs aren’t much help, he said, because the increasing complexity of new memory types means it takes longer to build factories – and when they come online there still won’t be enough capacity to build both the high-bandwidth memory needed for AI and other types of NAND and DRAM.