A historic settlement between rival chip companies Intel and AMD shook the tech world on Thursday. Intel Corp. agreed to pay Advanced Micro Devices Inc. $1.25 billion to settle lawsuits claiming that it unfairly squashed the smaller AMD by bribing computer companies not to use AMD chips. The agreement also says Intel will abide by certain business practices, including not paying companies to stay away from AMD chips. So who came out ahead? One outside observer who specializes in antitrust said it was AMD.
November 13, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A historic settlement between rival chip companies Intel and AMD shook the tech world on Thursday.
Intel Corp. agreed to pay Advanced Micro Devices Inc. $1.25 billion to settle lawsuits claiming that it unfairly squashed the smaller AMD by bribing computer companies not to use AMD chips. The agreement also says Intel will abide by certain business practices, including not paying companies to stay away from AMD chips.
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