The scarcity isn’t artificial though. The actual objects are not available in the quantities needed to keep prices level.

The reasoning for that matters not at all.

Someone is buying every single chip that SK Hynix and Nvidia are producing. The fabs they’re using are all running at maximum capacity.

Those chips are going somewhere.

Scarcity applies to the things that actually exist, or not.

There are fewer graphics cards being made for consumers right now than there were a few years ago, and they have less memory on them on average.

It’s not really artificial scarcity, there is actually less consumer hardware available at the moment.