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In November 2009, Intel agreed to pay AMD $1.25 billion as part of a deal to settle all outstanding legal disputes between the two companies. [9] [10] [11]That week, Andrew Cuomo, then the Attorney General of New York, who had access to the 200 million documents in discovery and 2,200 hours of witness depositions from the private lawsuit, filed another antitrust lawsuit under similar ...
The Intel case originated from Advanced Micro Devices' antitrust claims against Intel in Europe. AMD filed a complaint against Intel in the European Union's antitrust enforcement agency (the Directorate-General for Competition), and then filed a lawsuit in the U.S. for discovery of certain Intel documents in order to further their complaint.
In 2017, Intel hired AMD’s graphics chip engineer, Raja Koduri, to lead a second effort toward a homegrown GPU. Three former executives say Koduri had a strong vision but was weak on execution.
The lawsuit came after Intel said last Thursday it would lay off more than 15% of its workforce, or more than 15,000 jobs, and suspend its dividend starting in the fourth quarter as part of a ...
(Reuters) -A license dispute between Arm Holdings and Qualcomm went before a jury on Thursday after attorneys from both sides completed closing arguments. The jury in a U.S. federal court in ...
The class-action lawsuit, filed on 26 October in the US District Court for the Northern District of California, claims that each Bulldozer module is in fact a single CPU core with a few dual-core traits, rather than a true dual-core design. [37] In August 2019, AMD agreed to settle the suit for $12.1M. [38] [39]
Intel's removal from the Dow doesn't really impact the business, but it will lead exchange-traded funds (ETFs) that track the Dow to sell the stock when the Dow makes the switch on Nov. 8.
Consequently, AMD still looks like the better investment over Intel in the final analysis. Wall Street agrees. The consensus among analysts is a buy rating for AMD stock with a median target price ...