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[–] 136 points 4 months ago (2 children)

They been publicly fixing the supply for 30 fucking years.

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  • [–] 53 points 4 months ago (4 children)

    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.

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  • [–] 66 points 4 months ago (2 children)

    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.

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  • [–] 30 points 4 months ago (1 child)

    This. You would never do this if you thought prices would go up each year for the foreseeable future.

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  • [–] 24 points 4 months ago

    Samsung and price fixing. Name a more iconic duo.

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  • [–] 18 points 4 months ago (1 child)

    Fuck 'em I'll make my own RAM factory and it'll have hookers and blackjack.

    Maybe a bit of coke.

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  • [–] 5 points 4 months ago

    Like every industry does, and gets away with it if they keep it looking competitive.

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  • [–] 5 points 4 months ago

    Giant Corporation going to Giant Corporation get out of here what

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  • [–] 2 points 4 months ago
    13 comments in c/pcgaming@lemmy.ca view that post
    [–] 44 points 4 months ago (6 children)

    YES

    DO IT AGAIN

    DO IT LIKE 2002 AND BRING BACK MEMORIES SINCE I WAS 1 YEAR OLD WATCHING THEM GET SUED THE FIRST TIME

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  • [–] 11 points 4 months ago* (last edited 4 months ago) (2 children)

    You remember things from when you were 1?

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  • [–] 7 points 4 months ago* (last edited 4 months ago) (2 children)

    BRING BACK MEMORIES

    Yes, please, bring back read only memories; or RAM ROM for short.

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  • [–] 20 points 4 months ago*

    Probably shouldnt let corporations declare they own all RAM produced for the next 3-5 years also.

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  • [–] 8 points 4 months ago (3 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.

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  • [–] 2 points 4 months ago (1 child)

    What's the typical explanation?

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  • [–] 2 points 4 months 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.

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  • [–] 4 points 4 months ago

    Good. They need a serious kick in the teeth.

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  • 7 comments in c/gamedev@lemmy.world view that post
    [–] 22 points 4 months ago

    They have been caught doing that multiple times already

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  • [–] 14 points 4 months ago* (last edited 4 months ago)

    We are f'ed in the a, folks. RAM prices aren't going down. The capitalists already know they can just charge whatever and they'll be fine. It's not about us or the consumer.

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  • [–] 8 points 4 months ago

    The whole thing would be a truly massive anti-trust case, if only anyone had the guts to prosecute it

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  • [–] 6 points 4 months ago

    At this stage it’s not even cynical to assume that they colluded for this…

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  • [–] 5 points 4 months ago

    Ugh. Passive voice. It's a
    "class action lawsuit – filed by a proposed class of individual and business consumers"

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  • [–] 4 points 4 months ago
    [–] 2 points 4 months ago

    It wouldn't be the first time

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