Intel to pay AMD $1.25 billion, settle disputes
I found the entire article a good read, I was always a fan of AMD chips. Had my first one in 1992 AMD 486 DX2 100Hz and have never bought another Intel since.
I found the entire article a good read, I was always a fan of AMD chips. Had my first one in 1992 AMD 486 DX2 100Hz and have never bought another Intel since.
By David Lawsky
SAN FRANCISCO (Reuters) - Intel Corp will pay rival chipmaker
Advanced Micro Devices Inc $1.25 billion to settle all outstanding
legal disputes, in a move that can hasten the resolution of Intel's
antitrust troubles.
AMD, whose shares jumped 22 percent, agreed to withdraw essentially
all its regulatory complaints and litigation against Intel, ending a
global campaign that it has waged on the world's largest chipmaker for
12 years.
Some analysts said the deal takes the steam out of a pending U.S.
Federal Trade Commission investigation into Intel's business practices.
But others said Intel has critics beyond AMD and its regulatory
troubles are far from over. Among Intel's adversaries are graphics chip
maker Nvidia Corp and New York Attorney General Andrew Cuomo.
Intel Chief Executive Paul Otellini denied any wrongdoing by the
company but said it decided to settle the dispute with AMD to avoid the
risk of a triple-damages finding by a jury.
