Server DRAM prices surge 50% as AI-induced memory shortage hits hyperscalers

let me repeat something you've already quoted

>> the public is on the hook for $150B of loans to be payed by inflationary pricing.

one more time "to be payed by inflationary pricing"

> Datacenters are actually associated with lower electricity costs in the US.

"Associated" means these areas are getting preferential pricing to shift more of the cost to the public. Proves my point.

The actual truth, with numbers, just for 2024 and Virginia alone:

"Mike Jacobs, a senior energy manager at the Union of Concerned Scientists, last month released an analysis estimating that data centers had added billions of dollars to Americans’ electric bills across seven different states in recent years. In Virginia alone, for instance, Jacobs found that household electric bills had subsidized data center transmission costs to the tune of $1.9 billion in 2024."

https://www.commondreams.org/news/ai-data-center-backlash

Also:

"Over the last five years, commercial users including data centers and industrial users began drinking more deeply from the grid, with annual growth rising 2.6% and 2.1%, respectively. Meanwhile, residential use only grew by 0.7% annually."

https://techcrunch.com/2025/11/01/rising-energy-prices-put-a...

>>> the public is on the hook for $150B of loans to be payed by inflationary pricing.

That framing makes even less sense. Even if we grant that capital spending is inflationary, nobody thinks the public is "on the hook" or pays for it "by inflationary pricing". If I bought a box of eggs, it probably drives up the price of eggs by some minute amount in the aggregate, but nobody would characterize that as the public being "on the hook" for it, or that the public is paying for it "by inflationary pricing". Same if I bought anything else supply constrained, like an apartment or GPU. Seemingly the only difference between those and whatever Micron is doing is that you don't like Micron and/or the AI bubble, whereas you at least tolerate me buying eggs, apartments, or GPUs, so your whole spiel about "payed by inflationary pricing" is just a roundabout way of saying you don't like Micron/AI companies' spending. I also disagree with people dropping $30K on hermes handbags, but I wouldn't characterize buying them as "the public is on the hook for $30k to be payed by inflationary pricing".

>The actual truth, with numbers, just for 2024 and Virginia alone:

"actual truth"? That settles it, then.

On a more substantive note, since you clearly haven't bothered to look into either article to examine their methodology, here's the relevant snippets for your convenience:

>Mike Jacobs, a senior energy manager at UCS, uncovered these additional costs by analyzing last year’s filings from utilities in seven PJM states and identifying 130 projects that will connect private data centers directly to the high-voltage transmission system. Over 95% of the projects identified passed all of their transmission connection costs onto local people’s electricity bills, totaling $4.3 billion in costs previously undistinguished from other, more typical expenses to upgrade and maintain the electricity grid.

and

>The Economist has adapted a model of state-level retail electricity prices from the Lawrence Berkeley National Laboratory to include data centres (see chart 2). We find no association between the increase in bills from 2019 to 2024 and data-centre additions. The state with the most new data centres, Virginia, saw bills rise by less than the model projected. The same went for Georgia. In fact, the model found that higher growth in electricity demand came alongside lower bills, reflecting the fact that a larger load lets a grid spread its fixed costs across more bill-payers.

>chart 2: https://www.economist.com/content-assets/images/20251101_USC...

Looking at the two different methodologies, the economist methodology seem far more reasonable, because the UCS's methodology is basically guaranteed to come up with a positive number. It just counts how much money was spent on connecting datacenters, and assumes assumes household users are paying the entire bill. It doesn't account for different rates/fees paid by retail/household users, or the possibility that datacenters could be paying more than their "fair share" of costs through other means (eg. they might require disportionately less infrastructure to service, but pay the same transmission rates as everyone else).

> "inflation" or "monetary expansion".

This is my second pet peeve on the topic, inflation and growth of the money supply are independent phenomenons. (they are only correlated in countries with high inflation regimes and, hyperinflation aside, the causation is essentially reversed: the money supply grow because of the inflation, higher price leading to an increase of loans).