Netlist and Micron Reach Definitive Patent License and Settlement Agreement

Key Facts

1Netlist and Micron have entered into definitive patent license and settlement agreements.

Netlist and Micron have entered into definitive patent license and settlement agreements to resolve their ongoing legal disputes. According to a statement carried by PR Newswire, the parties agreed to settle and mutually release all pending legal proceedings, while Micron secured a five-year license to Netlist's patent portfolio, covering server DIMMs and High Bandwidth Memory (HBM) technologies.

Under the terms of the deal, Micron will pay Netlist $30 million per quarter starting from the fourth quarter of 2026 through the third quarter of 2031, totaling $600 million over the term. Regarding market performance, NLST closed at $5.65 on October 5, 2026, and MU closed at $1063.96 on the same date, as the settlement provides legal certainty and a structured royalty framework for both semiconductor firms.