That's actually a reasonable response to market volatility and illiquidity. It's not just high prices, but prices that still fail to be representative of the actual market stance despite the rises.
It's only a spike if it comes down. Every RAM chip is a lottery ticket with a plausible chance of giving one lucky winner fabulous prizes like absolute dictatorship of the entire world and physical immortality. What else are the billionaires going to spend their money on? Arms races can absorb unlimited resources.