Samsung, SK Hynix, and Micron sued in class action over alleged memory price-fixing and supply manipulation
By
Diego Argüello
Summary
A class action lawsuit has been filed against Samsung, SK Hynix, and Micron, alleging they conspired to fix memory chip prices while reducing supply, worsening the ongoing memory shortage (dubbed the 'RAMpocalypse'). The lawsuit claims the companies artificially constrained supply to drive up prices, which has impacted hardware pricing across gaming consoles and other devices. The memory crisis has been largely driven by surging demand from AI data centers.
Source
bskySamsung, SK Hynix, and Micron sued in class action over alleged memory price-fixing and supply manipulationgamedeveloper.comKey quotes
· 4 pulledMemory manufacturers, namely Samsung, SK Hynix, and Micron, are being sued for allegedly fixing component prices while reducing supply.
A federal lawsuit filed last Thursday alleges the chip-making companies have exacerbated the so-called 'RAMpocalypse' by fixing memory supply and prices.
The memory crisis has been largely attributed to rampant investment in artificial intelligence data centers.
The likes of Valve, Xbox, and Nintendo all increased hardware pricing in recent times, noting the memory shortage as a main or prevalent factor.
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