They may also decide not to scale up production. After all, they just started making 2-3x on existing products.

Another thing to consider is that the current spike in demand is almost entirely fueled by datacenters used for AI.

It takes years to set up new manufacturing facilities, and the AI bubble popping is still going to happen at one point or another. They may simply decide not to increase manufacturing capacity because they believe that this spike in demand is temporary.

Building new capacity costs money, and if the demand suddenly drops you cannot make that money back on sales.

Their is no GPU demand from miners anymore as asics are vastly more efficient. Their was a pretty significant drop in prices for second hand GPUs on the open market just before the ai bubble started to pickup significantly.

Thats just more economic pressure for a new competitor to step in and pick up the slack

Its more profitable because the demand is higher and the supply us limited. If the demand from consumers was higher they would drop the ai companies. Also openai made a deal with 2 of the 3 majour suppliers without telling each other in what is theorised to be a move simply to prevent competition from acquiring the hardware. It is just supply demand just at the level of entire sectors of the market instead of as a per unit thing.

The companies selling have decided that that is a risk they are willing to accept. And if they can't pay then all those chips get reallocated back to the consumer market and supply meets demand thus our prices drop