ENTITY · netlist
NetlistNLST
United States·modules·niche·$0.9B mkt cap
Memory-module maker and memory-technology IP licensor.
CLEAR · 0–39
28/100 illustrative
Underwriting Thesis
CLEAR — Netlist: criticality to DoD-exposed downstream programs compounded by sole-source / single-point-of-failure dominance in modules. A chokepoint underwriting concern at this tier.
Factor Breakdown
Foreign-Origin Concentration18
Sole-Source Dependence45
Sanctions Exposure0
Downstream Criticality57
Sanctions Exposure
Entity not present on tracked screening lists (CSL).
DoD Exposure
No matched DoD semiconductor awards (USASpending) for this entity.
Segments
modulesspecialty memory
Shortest paths → DoD-exposed firms
- Scale AI · 3 hops · $105.6MNetlist → Dell Technologies → CoreWeave → Scale AI
Possible substitutes · same commodity buckets
Chokepoint Relationships
Key Suppliers · upstream · 2
- Samsung ElectronicsSouth KoreaALLIED
- SK hynixSouth KoreaALLIED
Key Customers · downstream · 4
- Dell TechnologiesUnited StatesDOMESTIC
- Hewlett Packard EnterpriseUnited StatesDOMESTIC
- Super Micro ComputerUnited StatesDOMESTIC
- AppleUnited StatesDOMESTIC