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AI News from ET - World's three largest memory chipmakers sued in US over DRAM supply shift to AI memory

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A class-action lawsuit has been filed in the US against Samsung, SK hynix, and Micron, accusing them of restricting traditional DRAM supply to prioritize AI-focused memory. Plaintiffs claim this led to price hikes for consumer electronics. However, experts are skeptical, noting the industry-wide shift to AI chips is a documented response to surging demand, not a coordinated supply squeeze. The case faces a high bar for proof.

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