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DRAM giants Samsung, SK Hynix, Micron sued over alleged price fixing

Major DRAM manufacturers Samsung, SK Hynix, and Micron are facing a lawsuit alleging price-fixing. This legal action comes amid record-high memory costs and follows a history of similar convictions for DRAM companies. The alleged price-fixing scheme was reportedly initiated three years ago when these companies reduced production despite anticipated demand increases, leading to significant stock value surges. AI

IMPACT Potential increases in DRAM costs could impact the affordability of AI hardware and infrastructure.

RANK_REASON Lawsuit filed against major tech companies regarding pricing practices.

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DRAM giants Samsung, SK Hynix, Micron sued over alleged price fixing

COVERAGE [1]

  1. Mastodon — fosstodon.org TIER_1 English(EN) · [email protected] ·

    Why is RAM expensive? The answer might not be what you expect: https://www. tomshardware.com/tech-industry /samsung-sk-hynix-and-micron-sued-over-alleged-dram-p

    Why is RAM expensive? The answer might not be what you expect: https://www. tomshardware.com/tech-industry /samsung-sk-hynix-and-micron-sued-over-alleged-dram-price-fixing-amid-record-memory-costs DRAM companies have actually been convicted for price fixing before: https:// en.wi…