The squeeze is real even at the SME level. We recently wanted to add another TB of memory to several servers (we do EDA chip design, which eats a lot of memory). Quotes came back to about €200k for 48 x 96GB DDR5-5600 RDIMMs. Mind you, this is for refurbished memory with 1 year warranty. I'm still figuring out if this is FU-pricing or just how things are going to be from now on.
Spec-ing and buying servers has become quite the pain in the past year, at least at the relatively-small scale we operate at. It's "dynamic pricing" with most quotes being valid for 24 hours :(