Netlist Says It Will Get $445M In Patent Infringement Trial Against Micron In United States District Court For Eastern District of Texas
Portfolio Pulse from Benzinga Newsdesk
Netlist won a $445 million damages award against Micron Technology in a patent infringement trial involving DDR4 RDIMMs and DDR4 LRDIMMs.
May 24, 2024 | 11:42 am
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Micron Technology has been ordered to pay $445 million in damages to Netlist for patent infringement involving DDR4 RDIMMs and DDR4 LRDIMMs.
The $445 million damages award is a significant financial hit to Micron Technology, which could negatively impact its stock price in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Netlist has been awarded $445 million in damages from Micron Technology in a patent infringement case involving DDR4 RDIMMs and DDR4 LRDIMMs.
The $445 million damages award is a substantial financial gain for Netlist, likely boosting its stock price in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100