NETLIST EXPANDS LEGAL ACTION AGAINST SAMSUNG AND GOOGLE FOR INFRINGEMENT OF NEW AI MEMORY PATENTS

Rhea-AI Summary

News Market Reaction – NLST

+12.60%

+12.60% Session close to close

In the Jun 18 session, NLST gained 12.60%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock surged +12.6% in the session following this news. A strong positive reaction aligns with N...

Analysis

The stock surged +12.6% in the session following this news. A strong positive reaction aligns with Netlist’s history of favorable responses to IP and conference news, though prior earnings strength drew selling. Elevated short interest above 13% could amplify upside but also reverse quickly if litigation setbacks emerge.

Key Figures

AI memory patent: U.S. Patent No. 12,646,537 AI memory patent: U.S. Patent No. 12,650,937

2 metrics

AI memory patent U.S. Patent No. 12,646,537 Alleged to read on Samsung high-bandwidth memory products

AI memory patent U.S. Patent No. 12,650,937 Alleged to read on Samsung DDR5 RDIMMs and MRDIMMs

Historical Context

5 past events · Latest: May 12 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
May 12	Q1 2026 earnings	Positive	-12.6%	Strong revenue and profit growth but shares fell sharply the next day.
May 05	Earnings call date	Neutral	+1.1%	Announcement of timing for Q1 2026 results and conference call.
Mar 13	IP trade inquiry	Neutral	+2.0%	Company urged strong USTR action over alleged semiconductor IP abuse.
Mar 11	Investor conference	Neutral	+8.2%	Participation in 38th Annual Roth Conference and 1-on-1 investor meetings.
Mar 03	FY 2025 earnings	Positive	+0.3%	Strong 2025 revenue growth and margin improvement with narrower net loss.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent Netlist news has more often seen share-price gains, with one notable selloff on strong earnings.

Key Terms

high-bandwidth memory, ddr5 rdimms, international trade commission, cease and desist orders

4 terms

high-bandwidth memory technical

"which respectively read on Samsung's high-bandwidth memory (HBM) products"

High-bandwidth memory is a type of computer memory designed to move large amounts of data very quickly between memory and processors, like adding many wide lanes to a highway so trucks can deliver more goods at once. For investors, it matters because products that use this memory can handle heavier workloads with lower power use, which can boost competitiveness, increase demand for certain chips, and influence manufacturers’ pricing power and profit margins.

ddr5 rdimms technical

"Samsung's DDR5 RDIMMs and MRDIMMs."

DDR5 RDIMMs are server-grade memory modules that use the fifth generation of dynamic RAM (DDR5) and include a small built-in buffer to stabilize signals and support error-checking, allowing higher capacity and more reliable performance for enterprise servers and data centers. They matter to investors because widespread adoption drives demand for memory chip makers and influences the performance, cost and upgrade cycles of cloud and corporate IT infrastructure—think of them as a larger, sturdier filing system that helps busy operations run faster with fewer mistakes.

international trade commission regulatory

"initiated new legal proceedings against Samsung in the U.S. International Trade Commission (ITC)"

A government body that acts like a referee for cross-border commerce, reviewing complaints about unfair practices, banned imports, tariffs or patent violations and issuing rulings or penalties. Its decisions can quickly change which foreign products can be sold, add costs through duties or block imports entirely, so investors watch rulings for sudden impacts on a company’s sales, supply chains, profit margins and competitive position.

cease and desist orders regulatory

"Netlist is seeking exclusion and cease and desist orders against Samsung"

A cease and desist order is an official instruction from a regulator, court, or other authority telling a company or individual to stop a specific activity immediately and to refrain from repeating it, similar to a stop sign enforced by law. For investors, such an order can halt product sales or operations, harm reputation, trigger fines or lawsuits, and create uncertainty that may reduce revenue and depress a company’s stock price.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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- Files actions with the ITC and the EDTX -

IRVINE, Calif., June 17, 2026 /PRNewswire/ -- Netlist, Inc. (OTCBQ: NLST) today announced it has initiated new legal proceedings against Samsung in the U.S. International Trade Commission (ITC) and the U.S. District Court for the Eastern District of Texas.  These actions are based on the infringement of Netlist's U.S. Patent Nos. 12,646,537 and 12,650,937, which respectively read on Samsung's high-bandwidth memory (HBM) products and Samsung's DDR5 RDIMMs and MRDIMMs. The new ITC complaint names Google, Supermicro, Nvidia and Broadcom as additional respondents.

C.K. Hong, Netlist's Chief Executive Officer, said, "Netlist continues to drive breakthrough innovations in AI memory. These enforcement actions expand our efforts to protect next-generation server DIMM and HBM technologies against unauthorized use."

At the ITC, Netlist is seeking exclusion and cease and desist orders against Samsung and other respondents. The ITC investigates and makes determinations against unfair acts in the import trade that violate U.S. intellectual property rights. ITC investigations proceed on an expedited basis, commonly progressing to trial within a year.

Netlist is represented by Sterne Kessler Goldstein & Fox and Irell & Manella.

About Netlist

Netlist is a leading innovator in advanced memory and storage solutions. With a rich portfolio of patented technologies, Netlist's inventions are foundational to the advancement of AI computing. To learn more about Netlist, please visit www.netlist.com.

Safe Harbor Statement

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this news release include, without limitation, statements about Netlist's positioning to capitalize on next generation memory products, and evaluations and judgements regarding Netlist's products and intellectual property portfolio. Forward-looking statements are statements other than historical facts and often address future events or Netlist's future performance. They reflect management's present expectations regarding future events and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed in or implied by any forward-looking statements. These risks, uncertainties and other factors include, among others, risks: Netlist may not be able to collect the substantial amount in damages previously awarded to it in its litigations (appeals in general could cause a lengthy delay in Netlist's ability to collect damages awards, could overturn the verdicts or reduce the damages awards); Netlist will suffer adverse outcomes in its litigation with Samsung, Micron or Google or in its various other active proceedings to defend the validity of its patents; related to Netlist's plans for its intellectual property, including its strategies for monetizing, licensing, expanding, and defending its patent portfolio, which efforts may not be successful; that other patent infringement litigation initiated by Netlist, or by others against Netlist, may not be successful or resolve favorably for Netlist, particularly given the costs and unpredictability of any such litigation; associated with Netlist's product sales, including whether and how long the current market and demand for products sold by Netlist will persist or persist as expected and whether Netlist may successfully develop and launch new products that are attractive to the market; whether Netlist will continue to acquire components or products for resale on favorable terms; associated with the competitive landscape of Netlist's industry, general economic, political and market conditions, factory slowdowns and/or shutdowns, and changes in international trade and tariff policies. All forward-looking statements reflect management's present assumptions, expectations and beliefs regarding future events and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed in or implied by any forward-looking statements. These and other risks and uncertainties are described in Netlist's Annual Report on Form 10-K for the fiscal year ended December 27, 2025 filed with the SEC on March 19, 2026, and the other filings it makes with the U.S. Securities and Exchange Commission from time to time, including any subsequently filed quarterly and current reports. In light of these risks, uncertainties and other factors, these forward-looking statements should not be relied on as predictions of future events. These forward-looking statements represent Netlist's assumptions, expectations and beliefs only as of the date they are made, and except as required by law, Netlist undertakes no obligation to revise or update any forward-looking statements for any reason.

For more information, please contact:

Investors / Media
Mike Smargiassi
The Plunkett Group
NLST@theplunkettgroup.com
(212) 739‑6729

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SOURCE Netlist, Inc.