AMD gets much needed cash plus the rights to continue their business.Intel clears all the uncertainty of having been caught holding the proverbial smoking gun for a price they can well afford.Intel won't be able to employ the same strong arm tactics immediately but they don't need to. At the time they were doing this AMD had a tech lead on Intel.I can't see this being a big deal for Intel stock price --- am I being naive?
CY hasn't opened yet either
I think it's a big deal for Intel. A big positive always to clear a lawsuit off the books for chump change. Intel goes higher on the news. Should lift the market once INTC is unhalted.
Intel will close positive today....
$1.25B is a big deal for any company.