Intel To Pay $1.25B To AMD, Ends Legal Battles


Policy Counsel
Senior Director of Federal Policy and the Washington Office


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NEW YORK (Dow Jones)–Feuding chip rivals Intel Corp. (INTC) and Advanced Micro Devices Inc. (AMD) agreed to settle all of their outstanding legal complaints, with Intel paying AMD $1.25 billion and agreeing to abide by a set of rules for how it conducts its business.