• Blue_Morpho@lemmy.world
    link
    fedilink
    arrow-up
    7
    ·
    14 hours ago

    The cartel can only price fix because no other foundry wanted their stock price to go down because of small margins.

    AMD sold their foundry. Intel has a foundry. They could have made ram to ensure long term growth but that would have affected their quarterly profit.

    • hoshikarakitaridia@lemmy.world
      link
      fedilink
      arrow-up
      3
      ·
      6 hours ago

      For all we know AMD would have just joined them.

      It’s just really depressing to see the global economy basically be held ransom by 3 companies just because the EU and America didn’t properly slam those companies the first time. History doesn’t repeat itself but there’s been way too much historic poetry lately.