The world’s three largest memory chipmakers—Samsung, SK hynix, and Micron—are facing a U.S. class-action lawsuit. All three supply DRAM for Apple.
According to IT Chosun, 17 U.S. consumers allege the three companies deliberately reduced the supply of commodity DRAM under the pretext of expanding HBM production for AI, systematically restricting supply since 2022 and driving prices up by about 700% over the past four years.
As Wccftech notes, the case has been classified as an antitrust lawsuit and assigned to Judge Noel Wise of the U.S. District Court for the Northern District of California.
The plaintiffs allege that the companies used inventory management as a pretext for production cuts while deliberately restricting supply to drive up prices. They’re seeking a court order to halt the companies’ alleged coordinated supply restrictions and award treble damages, reports IT Chosun.
To help with the situation, has asked the Trump administration for permission to buy memory chips from the Chinese memory supplier CXMT, according to The Financial Times (a subscription is required to read the article).
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