U.S. International Trade Commission Votes to Institute Investigation Into Micron Technology, Inc.

Rhea-AI Summary

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

IRVINE, Calif., Sept. 24, 2026 /PRNewswire/ -- Netlist, Inc. (OTCQB: NLST) today announced that the United States International Trade Commission (ITC) has instituted an investigation, ITC Inv. No. 337-TA-1523, into Micron, Supermicro, HPE, and Lenovo (collectively, "Respondents") pursuant to Netlist's complaint filed on August 11, 2026. The ITC will determine over the course of the investigation whether Micron memory products should be banned from importation into the United States for infringing four Netlist patents.

The ITC will investigate whether the Respondents infringe Netlist's U.S. Patent Nos. 10,025,731, 10,217,523, 12,373,366 and 12,675,407. These patents read on DDR5 RDIMMs and/or MRDIMMs. Netlist is seeking exclusion and cease and desist orders to stop importation of the infringing products into the United States by each of the Respondents.

C.K. Hong, Netlist's Chief Executive Officer, said, "We are pleased with the ITC's decision to institute this investigation. The Samsung agreement established an important industry benchmark for the value of our IP. We intend to continue our enforcement efforts against unauthorized users such as Micron."

ITC investigates and makes determinations against unfair acts in the import trade that violate U.S. intellectual property rights. ITC cases proceed on an expedited basis, commonly progressing to trial within a year.

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 the outcome of the ITC investigation and the patent infringement action, future exclusion and cease and desist orders, Netlist's ability to successfully enforce its intellectual property rights, and evaluations and judgments regarding Netlist's 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 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; 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; that Netlist or its counterparties may fail to perform their obligations as required pursuant to applicable license and supply agreements, 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

View original content to download multimedia:https://www.prnewswire.com/news-releases/us-international-trade-commission-votes-to-institute-investigation-into-micron-technology-inc-302888468.html

SOURCE Netlist, Inc.