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US lawsuit accuses Samsung, SK Hynix and Micron of worsening the RAM crisis by fixing memory prices and supply

Update: Micron have issued the following statement to RPS: “Micron disagrees with the allegations contained in the complaint. We compete vigorously, fairly and in compliance with all applicable laws wherever we do business. We will defend ourselves against these claims.”

Chip makers Samsung, SK Hynix, and Micron have been accused of fixing RAM prices and supply, thereby exacerbating the effects of the ongoing memory crisis, in a US class action lawsuit. According to the suit, the trio have co-ordinated their pivots from focusing on making the sort of RAM consumer tech needs to the high bandwidth memory typically used by AI datacentres, with no-one stepping up to take advantage of fulfilling the demand such moves have left for non-astronomically priced memory on the consumer side.

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