The problem of global exponential stability of neural networks with a time-varying delay is studied in this article. Firstly, to fully utilize the cross-term relationships among state variables, an improved augmented delay-product-type Lyapunov-Krasovskii functional, including an extra double integral state, is established for the stability analysis. Accordingly, this augmented LKF derivative is a higher-order function of the time-varying delay. Then, three state vectors are considered to reduce the order of the function to cubic. So, to obtain the feasible negative-definiteness condition of this LKF derivative of non-convexity, a negative-determination lemma for cubic functions is employed to handle this problem. As a result, a novel stability criterion is obtained. Two well-known numerical examples illustrate the effectiveness of the criterion.
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