Samsung, SK Hynix, Micron Sued in U.S. Over Alleged DRAM Price Collusion

Samsung Electronics, SK Hynix, and Micron are facing a class-action lawsuit in the United States over alleged price collusion in the DRAM market. The plaintiffs, comprising 14 U.S. consumers and three small PC assembly and distribution companies, accuse the semiconductor giants of manipulating prices. According to the lawsuit, the companies deliberately cut the supply of general DRAM, using the expansion of High Bandwidth Memory (HBM) production for artificial intelligence applications as a justification. This alleged reduction in supply, the plaintiffs argue, was a tactic to drive up prices for consumers. The case highlights concerns about market practices within the critical semiconductor industry, particularly concerning memory chips essential for modern computing and AI technologies.