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IRVINE, Calif., July 16, 2026 /PRNewswire/ -- Netlist, Inc. (OTCQB: NLST) today announced that the United States International Trade Commission (ITC) has instituted an investigation, ITC Inv.

U.S. trade regulators have launched a ​probe into Samsung Electronics' ‌memory chips and products sold by Google, ​Nvidia, Broadcom and ​Super Micro Computer that use ⁠them after a ​complaint by Netlist alleging ​infringement of its patents.

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Netlist should receive almost $1 billion in court settlements from tech giants, and can expect royalties on its many patents down the road. The company is experiencing substantial revenue growth and recently became profitable.

Netlist delivered record Q1 results, with revenue up 262% YoY and its first quarterly profit in years. NLST's $866M in jury-awarded damages nearly matches its $1B market cap; collection probability and appellate outcomes are key valuation drivers. The June 2026 ITC complaint against Samsung, Google, Nvidia, and Broadcom introduces a high-leverage, multi-year litigation tail option.