Samsung, SK hynix, and Micron Hit with New Antitrust Lawsuit Over Alleged 700% DRAM Price-Fixing.
Tech Giants Under Fire: Samsung, SK hynix, and Micron Face New Antitrust Class-Action Over 700% DRAM Price Hikes A high-profile antitrust class-action lawsuit has been officially filed in the U.S. District Court for the Northern District of California , accusing the world’s three largest memory chip manufacturers of illegal market manipulation. The lawsuit, spearheaded by 17 individual plaintiffs, alleges that Samsung Electronics, SK hynix, and Micron Technology conspired to artificially restrict the supply of Dynamic Random-Access Memory (DRAM), leading to an exponential price surge of over 700% over the past four years . According to the complaint, the semiconductor triumvirate leveraged the explosive artificial intelligence boom to orchestrate a coordinated production shift. The plaintiffs assert that the companies intentionally reallocated their primary manufacturing capacity away from legacy consumer memory formats specifically DDR3 and DDR4 toward highly lucrative High Ban...