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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.
Intel shares fell about 60% last year, while AMD shares were down about 18%. In a semiconductor market largely being driven by artificial intelligence (AI), Intel and AMD have largely been ...
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 ...
Shares of Intel (NASDAQ: INTC) were moving higher today on reports that the legacy chip giant could be acquired.. While the buzz is just a rumor at this point, it was enough to send the stock up 8 ...
The government has already promised (but not yet disbursed) up to $8.5 billion in grants and $11.5 billion in low-cost loans for Intel. Today, Intel threatens to become this administration's ...
Intel faces an "uphill battle" to turn itself around and compete with the likes of Nvidia , AMD , and Taiwan Semiconductor , Goldman Sachs analyst Toshiya Hari told Yahoo Finance at the Goldman ...