This paper is concerned with the asymptotic stability of the Riemann–Liouville fractional-order neural networks with discrete and distributed delays. By constructing a suitable Lyapunov functional, two sufficient conditions are derived to ensure that the addressed neural network is asymptotically stable. The presented stability criteria are described in terms of the linear matrix inequalities. The advantage of the proposed method is that one may avoid calculating the fractional-order derivative of the Lyapunov functional. Finally, a numerical example is given to show the validity and feasibility of the theoretical results.