01:40 PM EDT, 07/12/2024 (MT Newswires) -- (Updates with details throughout.)

A Texas judge on Thursday reinforced a $445 million jury verdict from May against Micron Technology ( MU ) for infringing upon two patents of Netlist.

"In Micron's notices concerning its invalidity and equitable defenses, Micron has stipulated that it is no longer pursuing any of its previously raised invalidity and equitable defenses," Judge Rodney Gilstrap of the US District Court for the Eastern District of Texas said in his ruling. "In light of these stipulations and the jury's verdict, the Court finds that a Final Judgment in the case should be and hereby is entered based on the jury's verdict."

In line with the jury's unanimous verdict, the court ordered Micron Technology ( MU ), Micron Semiconductor Products and Micron Technology Texas to pay $425 million in the form of running royalty for having "willfully infringed" a Netlist patent and an additional $20 million for infringing a second Netlist patent.

Micron Technology ( MU ) did not immediately respond to a request for comment from MT Newswires.

The company's stock was up 2.3% in recent Friday trading.

Price: 133.16, Change: +2.93, Percent Change: +2.25