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Memory Trio Samsung, SK Hynix & Micron Face Class Action Lawsuit As Prices Reach Historical High Due To Shortages
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sanitation lemmy.today sanitation@lemmy.today
Joined: 2026-05-05
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ikt aussie.zone Eyekaytee@aussie.zone
Joined: 2023-06-17
#2 · Quote Reply

This looks like a joke lawsuit, I mean the article literally defeats it

Complaint:

Consumers File A Class Action Lawsuit Against Samsung, SK Hynix & Micron Alleging That The Memory Trio Restricted DRAM Supply To Inflate Prices

Counter:

Although this is not a similar situation to the case back in 2005, since there are indeed shortages due to higher demand from the AI segment, and these companies have claimed to be working on the construction of additional fabs and production lines to expand supply.

Why would they work on expanding supply and production lines if they were just restricting supply

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FuglyDuck lemmy.world FuglyDuck@lemmy.world
Joined: 2023-07-15
#3 · Quote Reply

This looks like a joke lawsuit, I mean the article literally defeats it Complaint: Consumers File A Class Action Lawsuit Against Samsung, SK Hynix & Micron Alleging That The Memory Trio Restricted DRAM Supply To Inflate Prices Counter: Although this is not a similar situation to the case back in 2005, since there are indeed shortages due to higher demand from the AI segment, and these compa...

It takes a decade or more to build a new chip factory and bring it to full production.

Shorting the supply now means driving prices up and holding, making bank.

(I don’t know if that’s what they’re doing, but there is motive there.)

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ikt aussie.zone Eyekaytee@aussie.zone
Joined: 2023-06-17
#4 · Quote Reply

It takes a decade or more to build a new chip factory and bring it to full production. Shorting the supply now means driving prices up and holding, making bank. (I don’t know if that’s what they’re doing, but there is motive there.)

you must be a time traveller from the year 2022 before ai was a thing

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ramble81 lemmy.zip ramble81@lemmy.zip
Joined: 2025-06-08
#5 · Quote Reply

Who’s ready for a settlement and a $5 rebate on your next purchase of RAM?

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DoucheBagMcSwag lemmy.dbzer0.com DoucheBagMcSwag@lemmy.dbzer0.com
Joined: 2023-07-01
#6 · Quote Reply

Watch the DOJ get involved and try to quash it

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zarathustrad lemmy.world zarathustrad@lemmy.world
Joined: 2024-06-04
#7 · Quote Reply

you must be a time traveller from the year 2022 before ai was a thing

You must be a time traveler from 2032 when AI probably still won't be a thing. (Unless we change the definition of the term).

How are those unbuilt data centers with no power infrastructure going to use all this 2026 hardware that will be obsolete by the time they come online again?

2
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