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Technology & Science

Nov. 13, 2009

Intel Settles Suit for $1.25 Billion

Intel Corp. on Thursday settled a four-year-old antitrust lawsuit filed by its rival, Advanced Micro Devices Inc., that has been the subject of government investigations all around the world.

By Craig Anderson

Daily Journal Staff Writer

SAN JOSE - Four months before having to defend its actions in court, semiconductor giant Intel Corp. settled a four-year-old antitrust suit filed by rival Advanced Micro Devices Inc. that was the subject of government investigations around the world.

Intel agreed to pay $1.25 billion to resolve the complaint, making it one of the largest settlements of a private antitrust suit of its...

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