Samsung, SK Hynix and Micron face class action over RAM prices

Seventeen plaintiffs have filed a class action lawsuit against Samsung, SK Hynix and Micron Technology, alleging the companies colluded to limit RAM supply and raise prices.

The suit, Garciaguirre et al v. Samsung Electronics Co., Ltd. et al, was filed June 25 in the Northern District of California. It claims the three firms, which control about 90 percent of the DRAM market, have restricted supplies of DDR3 and DDR4 memory while prioritizing HBM chips for AI data centers.

Plaintiffs include three small businesses: Troy’s Computers LLC, JB Tech Solutions LLC and WNTD Fab LLC. They accuse the manufacturers of using AI demand as a pretext for artificial scarcity that has driven up costs for consumer devices.

The complaint references a 2005 case in which Samsung and SK Hynix pleaded guilty to DRAM price-fixing and paid substantial fines. It also notes sharp stock gains for the companies in recent years amid higher RAM prices.

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Nvidia and SK Hynix announced on June 8 that they have entered a multi-year technology partnership to develop next-generation memory technologies for AI factories.

A Chinese PC parts vendor who stockpiled DRAM during high prices expressed despair after recent price drops. In a video from a warehouse filled with memory chips, the vendor questioned if prices might rise again. The declines follow AI-driven shortages but are not yet widespread.

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South Korean chipmakers Samsung and SK Hynix reported combined profits of $59.7 billion for the March 2026 quarter. The figure tops the aggregate earnings of all listed Indian companies in any previous quarter. Strong demand for memory chips tied to artificial intelligence drove the results.

Nvidia CEO Jensen Huang met SK Group Chairman Chey Tae-won in Taipei to discuss AI memory cooperation. The meeting took place on Monday.

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Micron Technology's CEO has cautioned that artificial intelligence remains in its very early stages and will require additional memory. The remarks signal ongoing challenges in the RAM market. Nvidia is addressing VRAM shortages by reviving an old GPU.

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