Why would it reduce demand for RAM? Dot com bubble collapsing didn't reduce the demand for the Internet. Railway bubble collapsing didn't reduce demand for trains. And if the housing bubble would collapse it would also not reduce the demand for housing.
A bubble means something is overvalued. The stock prices will go down if the bubble pops, but not the demand.
I think your definition of a bubble is narrower than the use of most people. One possible reason for an expectation of reduced demand is that reduced investments can lead to companies having to reduce hardware investments themselves.
One example of people not sharing your definition are the many comments of the form "can't wait for the Ai bubble to burst and ram/gpus getting affordable again".
Also I am not sure about your examples. Same as the other commenter: I have no idea about the rail bubble. But I believe the dot-com bubble burst did in fact reduce demand on compute infrastructure. (Not long term of course.) eg https://www.theregister.com/on-prem/2002/01/11/server-sales-...
A bubble means something is overvalued. The stock prices will go down if the bubble pops, but not the demand.
One example of people not sharing your definition are the many comments of the form "can't wait for the Ai bubble to burst and ram/gpus getting affordable again".
Also I am not sure about your examples. Same as the other commenter: I have no idea about the rail bubble. But I believe the dot-com bubble burst did in fact reduce demand on compute infrastructure. (Not long term of course.) eg https://www.theregister.com/on-prem/2002/01/11/server-sales-...