Posts Tagged ‘sanctions’

AMD Receives Intel Money

December 14, 2009

AMD has announced that it has received the $1.25 billion sum that the New York Attorney General ruled it was to be paid by Intel after allegations surfaced that Intel had used bribery and coercion to earn it a top position in the processor market.

Word comes via Trading Markets that AMD has received the monetary remuneration it was due from Intel, and that we can likely expect the rest of the rest of the bits and pieces that Intel has promised to go quite smoothly. For those who haven’t been keeping up with the story, Intel wasn’t just forced to pay out the $1.25 billion to AMD, but also:

(more…)

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