Connect with us

Company News

Micron to pay $445M to Netlist in patent infringement case

Chipmaker Micron Technology, opens new tab owes computer-memory company Netlist (NLST.PK), opens new tab $445 million in damages for violating Netlist’s patent rights in memory-module technology for high-performance computing, a U.S. jury said on Thursday.

Jurors in the U.S. District Court for the Eastern District of Texas agreed with Netlist, opens new tab that Micron’s semiconductor-memory products infringe two Netlist patents related to technology for improving the capacity and performance of memory modules.

The jury also concluded that Micron infringed the patents willfully, which could lead to a judge multiplying the damages by up to three times.

Representatives for Micron did not immediately respond to a request for comment on the verdict.

“We are grateful for the jury’s service, and their recognition of the importance of Netlist’s innovation,” Netlist attorney Jason Sheasby said in a statement.

Netlist won a $303 million verdict against Samsung in the same court last year in a related dispute over high-performance computer memory patents.

Boise, Idaho-based Micron’s stock price has surged this year based on demand for its chips used to power artificial-intelligence technology. Irvine, California-based Netlist sued Micron in 2022, alleging that three of its semiconductor memory-module lines infringed its patents.

Micron denied the allegations and raised several defenses, including arguments that the patents were invalid.

A U.S. Patent and Trademark Office tribunal invalidated one of the patents in April, which could eventually reduce the size of the verdict. Reuters

Click to comment

You must be logged in to post a comment Login

Leave a Reply

Copyright © 2024 Communications Today

error: Content is protected !!