this post was submitted on 29 Jun 2026
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[–] orioler25@lemmy.ca 7 points 1 day ago (2 children)

Does anyone have a non-paywalled source on the lawsuit and article that references it which is linked at the top of this article? This is an interesting development that also makes much more sense than what is typically accepted as an explanation as it alleges the price inflation resulted from capitalistic imperatives of profit maximization (prioritizing high-demand production) as an act of purposeful collusion, apparently with successful fines enforced by both the US and China in the past. Would be interesting to see the specifics of that, as I wonder how much the rapidly shifted legal landscape in the US has enabled this.

[–] rumba@lemmy.zip 5 points 1 day ago

Not the law360, but there are others that are covering it https://wccftech.com/memory-trio-samsung-sk-hynix-micron-face-class-action-lawsuit/

search for this case number for more like it 3:26-cv-06345

[–] FishFace@piefed.social 2 points 20 hours ago (1 children)

What's the typical explanation?

[–] orioler25@lemmy.ca 1 points 3 hours ago* (last edited 3 hours ago)

That it is just the demand in itself and the stupidity or "greed" of AI and chip manufacturing companies, rather than the inevitable trajectory of a capitalist economy where infinite growth subordinates the real material limitations of production (which includes the limitations of computation in general). So, they produce the conditions where profit increases by cannabilizing the market, which is a different thing than them just being some particularly bad acting individuals.