NLST stock rallies after ITC patent action against MU, SMCI, HPE – Roth Capital sees settlement upside
MSN·- Netlist stock reached a three-year high following a new International Trade Commission patent infringement action against Micron, Super Micro, HPE, and Lenovo. - CEO C.K. Hong accused Micron of the unauthorized use of Netlist technology. - Roth Capital raised its price target for Netlist to $ 15 from $ 10 while maintaining a buy rating due to potential licensing upside.Netlist launches ITC patent infringement case against Micron over DDR5 memory products
PUBT·- Netlist initiated an International Trade Commission patent infringement case seeking exclusion and cease-and-desist orders targeting Micron memory products imported into the United States. - The complaint also names Supermicro, HPE, and Lenovo for alleged infringement tied to DDR5 RDIMMs and MRDIMMs involving four specific patents. - A separate lawsuit was filed in the Central District of California against Micron asserting additional patent violations.