Watch them say "well we just won't sell to the US anymore"
Technology
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
That's where most of the AI data centers are
Exactly, that's why it's the ultimate threat...
Yeah but to their own bottom lines
In the short term..but the US would fold pretty quickly...
You don't actually need to engage in collusion to fix prices and silently agree not to compete. You just need to not be an idiot.
Exactly. It's like watching the gas station across the street and quietly setting your prices to the same thing. The moment you set it one cent lower than the other guy, it's a race to the bottom and everyone makes less money.
Thanks. I'll edit this into the post.
How much was the fine for the last price fixing lawsuit?
$43. That'll teach em.
Interesting. The story I've been hearing is it's a supply problem caused a massive demand for the Nvidia AI chips and the ultra-fast RAM they require.
I just saw a report from SK Hynix (that triggered chip stock selloffs) that they were dialing back on production for the next generation NVidia chips. The market figured that was evidence of soft demand.
Turns out that was because those were delayed, so they decided to build more of the lower speed RAM, which I think is the stuff consumers are needing. Working from memory here, so details are likely off.
Anyway, the problem may be more about producing for the most profitable market rather than price fixing.
I look forward to the outcome. It will be nice to know the situation from an objective source.
Full disclosure, I own shares of FKLR which is an ETF of the South Korean market index that is dominated by these two companies.
It's doing poorly just now due to that report I mentioned and a bunch of other things.
Looks like the previous fine was 185 million.
Literally pennies compared to the billions made.