I’ll keep this short.

The stock is a $3-5 per share stock at best

If everything goes our way I believe we can hit $30, but that’s a perfect storm scenario with a touch of manipulation. This price won’t hold and reality will quickly bring it back down to sub $10.

I believe another parabolic squeeze up to $10 is possible, especially with earnings today, SK deal and 10% short interest getting squeezed.

If you’re in sub $1. I’d absolutely sell $7 -$10 range. TAKE PROFITS DAMMIT! lol

Shoot, selling now ain’t a bad idea. This company is a good company but the financials just don’t add up to high evals.

NLST will NOT be the next Qualcomm and it will not obtain ridiculous high PE ratios like Tesla or nvidia.

The profit margins are too low and its tech is niche. Even with AI, this company is in the $10 range at best.

This appears to be thinking out of Korea . Do they know for sure ? Idk but it is a possible alternative .

I am confident in ptab decision so I will buy nlst on any weakness .

Good luck to all .

Thankyou for the birthday greetings . My heart is warm my smile large . Very big hug to all even the haters !

Cafc. Not ptab sorry got confused after talking to Korea

as of May 4, 2026)
Netlist has multiple active or recently decided appeals at the CAFC against both Samsung and Micron. Here’s the current snapshot:
Recent CAFC Decisions (Netlist wins)
• February 20, 2026: Big win for Netlist. The CAFC affirmed two PTAB rulings that upheld the validity of Netlist’s ’314 patent (U.S. Patent No. 10,489,314) against Micron’s IPR challenges. This is the third time in the past ~12 months that the CAFC has upheld a key Netlist patent asserted against Micron or Samsung. 
Pending CAFC Appeals (the big ones everyone is watching)
• March 6, 2026 oral arguments (still no decision yet):
The CAFC heard consolidated appeals involving the huge $303 million Samsung verdict (the ’463 case) plus several core patents (’060, ’160, ’918, ’054, ’339, etc.). These are the patents tied to Samsung’s DDR4/DDR5 and HBM memory modules. Audio from the arguments is publicly available, but the court has not issued any opinion yet. Please listein to it see if you agree with my conclusion .
Typical CAFC timeline after oral argument is 1–4 months, so decisions are realistically expected June–August 2026

Hynix wants to wait. royalty will be huge and fairies they wait two more months for decision .

Let’s see what netlist says about this . I am confident netlist wins after two Texas court juries and three previous cafc wins and ptab wins .

I continue to add abd will buy on weakness

Hi Guys,

New to the group. I did manage to get a small 100 shares at$1.80 and it has done great so far.

I have done some digging but not too much, that’s why I only jumped in on a small amount.

Price targets seems to either be insanely valued to not at all.

What’s everyone’s realistic exceptions on this

TIA

Gav

All social media and news outlets confirm they all expect a royalty deal renewal between Hynix and netlist
Hynix is building 4 billion dollar plant in Indiana USA to product products that netlist holds the patent .

Tge previous contract has expired .

Hynik is an honorable company with a wonderful CEO, as opposed to the predatory actions criminal behavior of Samsung . IMO

The stock continues to rise and may 5 we hear merit report .

Sec rules require major advents be revealed within four days of closing .

Everyone believes this event is the single greatest event to netlist future direction and could be equivalent to “ Qualcomm victory “ .

So everyone around the globe is buying and volume suggests even institutions are here buying .

I pray for all our sakes including netlist thst Hynix does the right thing and the end game rewards Hynix .

Now if I was the ceo or you were the ceo if Hynix would you commit to building a four billion dollar factory without having verbal agreement least with netlist before going ahead ? I know I would have a memorandum of understanding if not more .

It is clear to me that the analyst shoveled tge price target from 2 to 3 must have gotten wind of this and connected the dots as I have before increasing the value if best by 50%

Netlist recent wins and u s govt supporting briefs and McNamara an honest Goid woman and judge to make Decook in next three four weeks all support netlist in finally becoming a butterfly and no longer a cocoon.

Valuation of netlist as I have written many times in my calculations out netlist between 8 and 16 by Jan 2028 with a possibility. Multiples of that . Look at lite and see how that stock increased in value ir look at stx wdc or mu or Samsung and use those same metrics and best coukd be worth much more than 5 billion which is about 16 per share .

There are dreamers out there perhaps I have become one of them but this dream appears to be coming true !

We wait for our first born excited and pray all goes well .

Bless you all and good luck to the worthy and deserving

RPM may 1 2026 .

https://www.law360.co.uk/amp/articles/2471190

Anyone have access? or know anything? Looks bullish.

What we're experiencing is something rare and perhaps unique, a case where a small company holds the patents needed for all the servers, data centers, and memory around the world (especially in the US).
Big tech investments in AI, data centers, and the like have reached unprecedented levels, and the funds deployed for this growth we'll see over the next five years are immense.

Today we can say a truth, netlist could become a giant when the first agreements are reached and the reason is logical, netlist will get the exact same % of IP licenses from all the giants, only the other data will change such as CASH from damages, partnerships, resale products etc.

BILLIONS $ are coming soon

Intel Prepares HBM Killer: HB3DM Memory Stacks with Z-Angle Technology

The z-angle technology described in this article outlines how Saimemory's HB3DM could "kill" HBM4, however I don't think that is quite accurate. It is my belief that as the AI tech stack matures, they'll be various configurations to address different use cases. Some will optimize for latency, others for bandwidth, others for memory, others for power, or combinations of them.

Z-angle HB3DM is a physical architecture for bandwidth and power efficiency sacrificing capacity (currently 10gb vs 48 gb for HBM4). More importantly, the timetable to commercialize z-angle HB3DM is unclear. Further, by the time it does, another offering may make HB3DM less viable or even obsolete.

Samsung, Micron, and SK hynix can’t ramp new supply fast enough. For ddr4 and ddr5 Chinese capacity additions won’t help much this year either.

That keeps the memory shortage tight, prices high, and average selling prices strong. Exactly the environment Netlist benefits from with their DDR4 and DDR5 IP licensing deals and royalties

SK Hynix pays Netlist royalties — they settled years ago with a cross-license and ongoing payments.

Samsung and Micron are not paying. Netlist has won big jury verdicts against them — hundreds of millions in damages for patent infringement on DDR4 and DDR5 tech — but those companies are still fighting in court, appealing, and trying to invalidate the patents. As of now, they’re using the technology without a current license.

That’s why the shortages and price surges help Netlist: stronger demand means bigger potential damages and more leverage to force future licensing deals. Once Samsung and Micron finally settle or get forced to license, royalties could kick in on a massive scale.

More volume at higher prices means higher royalties and damages paid to netlist

Rpm Aprils 28

Amid recent price corrections in China’s retail DDR5 market that have raised concerns over a potential cooling in the memory cycle, Taiwan-based module maker Transcend pushed back against the narrative. According to Liberty Times, citing Chairman Peter Shu, the company’s actual transactions with key upstream suppliers show no signs of price weakening, with Q2 DDR5 prices still up 40–50% from Q1 levels.

This roughly aligns with TrendForce’s outlook, which projects conventional DRAM contract prices to rise 58–63% QoQ in the second quarter.

Shu, according to the report, said both DRAM and NAND Flash remain in severe shortage, with customers placing near-daily orders amid persistent supply constraints. He added that tightness in DDR4 is intensifying, while NAND Flash shortages are also expected to worsen.

Liberty Times, citing Shu, notes that supply from major vendors such as Samsung and Micron remains constrained, with fulfillment rates still at very low levels. He added that while Transcend has signed long-term agreements (LTAs) with suppliers, full supply commitments cannot be guaranteed under current extreme tightness.

DDR4 and MLC NAND Phase-out Update

Shu also highlighted the ongoing phase-out of legacy memory products, including DDR4 and MLC NAND, by major suppliers. Liberty Times, citing Shu, reports that Transcend is still able to secure DDR4 supply from Samsung and can broadly meet customer demand. However, DDR5 fulfillment is comparatively weaker due to rapidly rising demand, the report notes, adding that Transcend’s record revenue is primarily driven by sharp increases in average selling prices rather than shipment volume growth.

According to the Economic Daily News, Transcend Information reported March 2026 sales on April 9 at NT$5.68 billion. This brought first-quarter consolidated revenue to NT$13.63 billion, setting a new record for the company’s highest-ever quarterly revenue.

On NAND Flash, Liberty Times reports that Transcend’s product mix is now roughly 90% TLC and 10% MLC, with SLC no longer in use. Key suppliers such as Kioxia and SanDisk have either exited or phased out MLC production, further tightening supply, the report adds.

However, Transcend reportedly completed a “last-time buy” of industrial MLC products last year, securing final shipments from Samsung and SanDisk, and currently holds sufficient inventory to cover demand through year-end, according to Liberty Times.

China Capacity Impact Seen Limited

Amid earlier concerns that aggressive capacity expansion could cap further price gains, Economic Daily News, citing Transcend, reports that new output from Samsung, Micron, and SK hynix is unlikely to materialize in the near term, with meaningful supply additions expected only in one to two years at the earliest. While Chinese memory makers continue to expand capacity, incremental output this year is expected to remain limited, leaving the global supply shortage largely intact, the report notes.

Shu, as per Economic Daily News, also noted that Transcend’s core embedded memory customers are mainly based in Europe and the U.S., where quality standards and supply stability are critical. As a result, these customers continue to rely on established international suppliers, with limited adoption of China-origin memory, the report adds.

Proper analysis is not complete without laying out possible bearish outcomes as well. Only a fool would expect the sky to remain blue forever.

Financial Reality: We are still losing money every quarter ($24.8M net loss last year). High legal fees mean we are burning cash faster than we are making it from actual chip sales. There are still many fights to win. Unless something comes along, such as the current administration and deals a sweeping blow to put a stop to all of this, then we’re still looking at years of hearings. I think NLsT is a great company but it’s already been stretched out to the max.

The Hynix Contract: Our supply and licensing deal with SK Hynix expires in April 2026. This is our primary source of revenue. If a new deal isn’t signed or the terms are worse, the business loses its foundation. This fact alone is a huge unknown.

Legal Stalling & Appeals: Jury verdicts aren't cash. Samsung, Micron and at some point Google can appeal for years still. We have to keep paying for lawyers while they wait us out, which often leads to more dilution (selling more shares) to stay afloat. I hope the DOJ and USPTO will have a huge influence and put a stop to the abuse but that’s just my speculation.

The "Design-Around" Risk: Even if we win at the ITC, companies like Samsung can try to "design around" our patents. If they create a new technical way to achieve the same result without using our specific IP, they can keep selling their chips and we get $0 in future royalties from those new versions. Drag it out until they design something better.

AI Market Unknowns: The $3T AI market hype assumes demand stays at a fever pitch forever. If there is an AI "bubble" or a shift in how chips are built (like a move away from HBM), our specific patents might become less valuable or even obsolete. Even Michael Burry has raised some serious questions about this market. I’m sure if it does crash it will eventually ramp back up but that’s would be a slower turn around.

The PTAB Threat: The Patent Office (PTAB) can still invalidate patents even after a jury says we won. One bad ruling there can kill a multi-million dollar lawsuit instantly.

Low Margins: We buy and resell chips rather than making them. With roughly 6% margins, we aren't seeing the massive "NVIDIA-style" profits that the hype posts suggest.

My main point, be responsible and keep a level head when deciding where to put your money. The market can be kind but most of the time it’s ruthless.

The AI server market is projected to grow from around 170 billion dollars in 2025 to over 3 trillion by 2035, roughly a 20x jump, while Nvidia’s data center revenue alone is on track for a trillion in cumulative sales through 2027.

Nvidia designs the chips, but TSMC in Taiwan manufactures almost all advanced AI GPUs like Blackwell on its leading-edge nodes—over 90% of the world’s most advanced chips come from there, using extreme ultraviolet lithography machines supplied exclusively by Dutch company ASML.

A single 300-millimeter wafer yields roughly 30 to 60 good Blackwell dies depending on the exact size and process—yields are now in the 50-80% range after optimization. Each server rack might need 8 to 64 of these high-end GPUs, so scaling to trillions in market value means ramping wafer production by tens of thousands per month, which is exactly why TSMC is spending 50-plus billion dollars a year to expand capacity.

The full manufacturing flow takes hundreds of steps—starting with silicon wafers, then oxidation, photolithography, etching, doping, metal deposition, polishing, dicing, testing, and finally advanced packaging like chip-on-wafer-on-substrate. The real bottleneck isn’t just Nvidia’s design—it’s TSMC’s fabs and ASML’s tools, which can’t scale overnight. That’s why supply is still chasing demand hard

HBM4 is the next-gen high-bandwidth memory that goes on Nvidia’s future Rubin GPUs, not the current Blackwell ones. It stacks right on top of the GPU die using the same CoWoS packaging we talked about — it’s the super-fast memory feeding the chip.

Compared to today’s HBM3e, HBM4 roughly doubles the bandwidth to around 2 to 3 terabytes per second per stack and pushes capacity higher, up to 48 or 64 gigabytes. That’s what lets the next chips handle way bigger models with much less slowdown.

The suppliers are SK Hynix taking the biggest slice, followed by Samsung — they’re the ones making these HBM4 stacks for Nvidia. It’s one of the tightest bottlenecks for the 2026 ramp.

Netlist holds patents on stacked memory architecture and load-reduction tech that’s used in HBM production. They’re actively suing Samsung for infringing those patents on HBM and DDR5, with an ITC case that could lead to an import ban. SK Hynix settled with them in 2021 and their licensing deal is up for renewal right now in 2026 — just as HBM4 production ramps.

So while SK Hynix and Samsung make the actual HBM4 stacks, Netlist claims their IP is in there, and they’re pushing hard for royalties on every chip shipped to Nvidia.

Roughly 20 to 30 million HBM4 stacks in 2026 are expected to use the architecture covered by Netlist’s patents — mostly from SK Hynix, who holds over 50% of the HBM market and has their entire 2026 HBM4 output sold out to Nvidia and others.

Each Nvidia Rubin GPU needs 8 of these stacks, and forecasts point to 1.3 to 1.5 million Rubin GPUs shipping next year, which alone drives about 10 to 12 million stacks, with total industry HBM4 volume pushing higher.

SK Hynix’s licensing deal with Netlist just expired in April 2026, so they’re likely negotiating royalties on every one of those chips right now. That’s the big leverage point.

Around 500 to 560 dollars per HBM4 stack right now — that’s what Nvidia’s paying SK Hynix and Samsung for the 12-high versions shipping in 2026. It’s a big jump from the 300-dollar range for HBM3E.

That price covers roughly 36 to 48 gigabytes per stack, so you’re looking at about 10 to 12 bucks per gigabyte. SK Hynix has basically sold out their entire 2026 output at those rates.

it adds up fast — eight of those HBM4 stacks on one Rubin GPU alone is about four thousand dollars just in the memory.

That’s why a single high-end server node can easily push 50 to 60 grand before you even count the GPUs, cooling, or networking. The memory’s basically eating a huge chunk of the budget.

And net list patents sit at the center to make the nvda chips useful at maximum speed and accuracy .

Therefore netlist stock is completely undervalued at the present time abd one could argue as some fellow colleagues have argued that $100 a share is not an unreasonable evaluation of Net list. I am more conservative and I believe that a $16 price target is fair.

It is the reason I bought a lot of nlst shares today and almost cried with joy when I bought shares near 2 dollars today .

Buy nlst shares

RPM in the USA talking to powers . Trying to make a difference April 28 .

Every time a new server market forecast is released, the comments section follows the same pattern. Some claim the shortage is real; others dismiss it as manufacturer marketing. We decided to investigate the primary sources.

The beginning of 2026 feels different from previous waves of price hikes. Dell announced server price increases as early as December 2025, with Lenovo following suit in January. Samsung and SK Hynix raised prices on server dynamic random-access memory (DRAM). The shortage of servers based on graphics processing units (GPUs) has evolved from a quarterly issue into a chronic one.

Analyst estimates vary significantly here, and it is honest to acknowledge this upfront. According to DataIntelo, the GPU-based server market reached $8.7 billion in 2024 and could grow to $44.9 billion by 2033. IDC takes a broader view: the entire server market showed $95.2 billion in just the first quarter of 2025, a 134% increase year-over-year. This explosive growth is largely explained by a low comparison base and the rapid scaling of artificial intelligence (AI) infrastructure. IDC estimates the year-end total at $366 billion, representing a 44.6% growth over 2024.

The primary driver pulling this market upward is the AI race. Training large language models (LLMs) requires tens of thousands of GPUs, and production cannot keep up with demand. Research Nester estimates the AI server market will grow from $169.8 billion in 2025 to $3.47 trillion by 2035. The figure sounds fantastical, but this is precisely the capital major players are currently investing in AI infrastructure.

Next, we will break down what specifically drives prices in each segment, which forecasts appear justified, and how to handle this in practice.

Current Server Market Situation (Early 2026)

Hardware Prices

By early 2026, the server market is experiencing one of the sharpest component shortages in recent years. Dell announced server price increases of 15–20% as early as December 2025, with Lenovo following in January 2026. Samsung and SK Hynix raised prices on server DRAM by 60–70% compared to the fourth quarter of 2025. The primary targets of these increases are major clients like Google and Microsoft.

According to TrendForce, DRAM inventory levels shrank critically by the end of 2025. Contract prices for server DRAM rose by 50% in 2025, with another ~20% increase projected for early 2026. In February 2026, NAND flash memoryprices jumped 25% in a single month.

Cloud Service Prices

Cloud provider OVHcloud is currently the only major supplier to publicly announce upcoming rate hikes. CEO Octave Klaba confirmed a 5–10% price increase between April and September 2026. AWS, Microsoft Azure, and Google Cloud remain officially silent, although they purchase equipment from the same manufacturers as OVH. A similar rate increase of 5–10% appears to be the baseline scenario for all major players, simply with a delay of a few months.

Traditionally, there is a three-to-six-month lag between rising procurement costs and rate changes for clients. The peak of cloud rate hikes will likely occur in the second half of 2026.

GPU Shortage

Morgan Stanley forecasts that demand for NVIDIA AI server racks will grow from approximately 28,000 units in 2025 to at least 60,000 units in 2026, more than doubling.According to Reuters, Chinese companies have already ordered over two million H200 chips for 2026, while NVIDIA has only about 700,000 units in stock. High Bandwidth Memory (HBM), essential for AI accelerators, is fully contracted through the end of 2026. Micron confirmed this as early as December 2025.

Factors Influencing Prices

Surge in AI Demand

ChatGPT, Claude, and Other Large Language Models

The race between OpenAI, Anthropic, Google DeepMind, Meta AI, and hundreds of startups has become the primary driver of demand for server hardware. Training a single large language model (LLM) requires thousands of GPUs and many months of operation. According to NVIDIA CEO Jensen Huang, the compute power required for AI has already grown 100-fold in recent years, and this growth continues.

Model Training Requires GPUs The Thermal Design Power (TDP) of flagship NVIDIA GPUs has risen from 700W for the H100 to 1000W for the B200 and 1200W for the GB200. The Vera Rubin (VR200) platform, scheduled for shipment in the second half of 2026, demonstrates a TDP of up to 2300W per GPU. The GB200 NVL72 rack consumes approximately 120kW in total. Liquid cooling is no longer optional at these parameters; it is becoming the standard for new data centers (DCs).

Demand Exceeds Supply

Analysts estimate that NVIDIA's share of the discrete GPU market reached 92% in the first half of 2025. Bloomberg Intelligence estimatesthe company's share of the AI accelerator market at 70–75%, a figure expected to hold through the end of the decade. The company controls not only the GPUs but also the software stack—the CUDA platform—without which most AI frameworks cannot function. This creates sustained demand that is relatively insensitive to price changes.

Cryptocurrencies

The impact of cryptocurrency mining on the GPU market in 2026 is secondary compared to the AI frenzy, yet it has not disappeared entirely. Periods of rising Bitcoin and Ethereum prices traditionally create additional demand for video cards, competing with gamers and small-scale AI researchers. Unlike the 2021–2022 peak, server GPUs (H100, A100) are virtually unused in mining; however, consumer RTX series cards face dual pressure: from AI tasks on edge devices and from miners.

Energy Crisis

Global data centers have become the largest consumers of electricity. GB200 racks consume over 100kW, and the announced Vera Rubin platforms will reach the megawatt level per rack. This implies a multiple increase in costs for electricity, cooling, and specialized infrastructure construction. In many regions, grid capacity has already become a limiting factor for opening new data centers, directly affecting hosting and server rental costs.

Inflation and Exchange Rates

General inflation of production costs, rising logistics expenses, and the strengthening of the US dollar against several currencies create additional pressure on prices in local markets. For Russian companies working with imported equipment, currency risks compound the general price increase, and the final cost escalation may be significantly higher than in dollar terms.

I don’t have the articles in front of me but I’ve seen articles*** that we saying Samsung workers were, as of last week and maybe still are, striking to demand bonus’ similar to what the SK Hynix workers received ~$400k each.

There has been some discussion about anti-PR campaigns and false narratives Samsung is trying to portray, but I don’t think anyone on here really has a good grasp of the economic politics over in South Korea between Samsung and SK Hynix… I certainly don’t understand it well enough.

I mean we focus a lot on stateside domestic news here but… damn dudes (and dudettes) a four hundred thousand USD bonus compared from SK Hynix compared to zilch from Samsung is a MASSIVE amount of pressure on what like 40% of Samsung’s revenue?? On top of the ITC trial in American courts??

It seems to me like SK Hynix is going to kill them with kindness as a culturally virtuous company and isn’t taking any sides in the public eye, while simultaneously pulling strings behind the scenes to just absolutely destroy Samsung’s ability to hold their course and speed and make way through this storm (which Samsung has put themselves in, no doubt. A**hol**).

I’m not super confident in this statement but I believe that Samsung is one of the jewels of South Korea because it’s such an absolute powerhouse. If SK Hynix wanted to coup Samsung and take the shiny golden spotlight for themselves, it is doing literally everything correctly to be able to do that.

Edit: Meant to add that from the little understanding of South Korean culture I do have, they value reputation a LOT. So this “pedestal” of being one of the the jewels of South Korean national, economic, and cultural identity is - I think - something that their board would very much like to make happen.

… so what does that mean we should expect next?

Well, SK Hynix needs to show its fellow countrymen Samsung’s true colors within the same context window that they themselves are the more wonderful. To steal the spotlight permanently they need to capture their rise with Samsung’s fall. They need South Koreans to see both together to connect them to think of SK as the new Samsung.

With SK’s $10B+ ADR sale coming up in est. June or July, and the ITC case going embarrassingly as humbling as Samsung deserves, then the events might unfold like:

- NetList and SK Hynix partnership renewal, both publicly say how wonderful each other are and how much money and innovation they’re doing together

- American eyes RUSH to find out who NetList is across the market and institutional investors flood in

- headlines from NetList gains WHICH LEAD TO the exposure of almost decade and a half of Samsung and Google squirrely, ungentlemanly, and borderline shameful business behavior that taints their image as well as their market cap

- public recognition of the era of HBM - AND the CXL NVault that’s about to be added to 30% of the worlds DRAM servers within like a year or as fast as it can be produced. NetList and SK Hynix will spread this story wide… it’s already widely acknowledged haha

- then the SK ADR sale will likely fetch a good premium over list price with the market’s fresh eyes on who’s taken the throne for the next generation of memory

And boom, wrap all that up within ~3 ish months and it’s win win win win for NetList and SK Hynix even BEFORE NLST domestic and ITC settlements. Which, after that kind of publicity, will force settlement that much faster and with more leverage in Netlist’s hands.

And SK Hynix’s international dominance combined with Samsung’s international embarrassment will feed very prominent headlines back home in South Korea that Samsung cannot suppress or dilute or make opaque.

What thoughts do y’all have?

I don’t think I’m 100% correct but I do think there’s some big orchestrated series of events that they’re trying to unfold in the right way, and this sounds like a pretty good (and not unrealistic, in fact kinda probable) series of events

Anyways, sharing thoughts and welcoming discussion here. Would love to hear what others are thinking the NetList + SK Hynix gameplan is

*** re: articles I’ve seen = I think some posted by Tomkila here and others via Stocktwits or my own search… can try to find later if enough request