The memory supply crisis has been raging since at least last year with no end in sight—some even predict prices will rise by as much as 50% in Q3 of 2026. Supplies are scarce and prices are high in part due to the AI industry scooping up everything it can get its many fingered hands on. However, a class-action lawsuit alleges another cause: collusion and price-fixing.
Filed in the US district court of Northern California, the complaint alleges "concerted anticompetitive behavior by three Oligopolists" in the DRAM market, naming Samsung, SK Hynix, and Micron specifically (via Law360). The suit has been filed by a 'proposed class' of businesses and individual consumers.
