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RAM manufacturers have been sued for allegedly fixing prices and supply, leading to increased costs
(www.videogameschronicle.com)
This is a most excellent place for technology news and articles.
It's a class action submitted by few consumers. Will see how this goes, but I highly doubt it's like before where they were literally keeping ram away from markets to inflate the prices, otherwise commitments on building more fabs seem weird if they'd want maximum return, but now they're taking risks since it's quite unclear if the AI demand will stay like this in the future.
The fact that they're making companies sign 5-year contracts for the current prices before selling anything at all says that they're expecting the demand to collapse soon, and they want to lock in the high prices before that happens.
When industries pull this bullshit, they should be nationalized.
This. You would never do this if you thought prices would go up each year for the foreseeable future.
I didn't think of it that way... but yeah that makes sense. They obviously think this is the top of the market and it can only go down. Why else would you force major brands to lock in here?
If only any governments had any appetite for enforcing anti-price fixing laws