Micron to Pay Netlist $600 Million to Settle Patent Dispute

Micron Technology will pay $600 million to settle a patent dispute with Netlist regarding memory chip technology. The agreement includes a five-year license to Netlist's patent portfolio, for which Micron will pay $30 million per quarter.

The settlement follows a 2024 federal court verdict in Marshall, Texas, that awarded Netlist $445 million for patent infringement. In September, Netlist escalated the conflict by filing a complaint with the United States International Trade Commission to block the import of Micron chips used in AI products from Google, Broadcom, and Nvidia.

Netlist CEO C.K. Hong stated that the agreement "further validates the value of our AI memory technologies."