Netlist and Samsung Form AI Memory Alliance

NLST Netlist and Samsung Form Five-Year Strategic AI Memory Alliance ⠀ • Netlist and Samsung signed a five-year strategic alliance covering a patent cross-license, memory product supply, and technology cooperation. • Samsung will gain access to Netlist's full patent portfolio, including server DIMM and High Bandwidth Memory technologies, while supplying DRAM and NAND products to Netlist. • The companies agreed to settle and release all pending legal disputes as part of the agreement. • Samsung will purchase 10 million shares of Netlist common stock in connection with the new memory product supply agreement.