Judge denies motion to dismiss DRAM price-fixing lawsuit against Micron, Samsung, and SK hynix

Judge Noël Wise, presiding over the proposed class-action lawsuit against Micron, Samsung, and SK hynix, has denied the companies' motion to have the case dismissed. The judge characterized the three companies as 'hawks flying in formation' when it came to their business decisions.

According to the decision, the defendants' argument that the legal action is just 'a rerun' of the same antitrust case filed against the industry in 2018 was rejected. The judge found that plaintiffs have established new evidence suggesting collusion between the big three memory chip manufacturers.

The ruling comes after a dramatic 500% price surge in DRAM chips, which forms the basis of the plaintiffs' claims of antitrust behavior. The case will proceed to the next phase of litigation.