Intel, AMD Reach Settlement
RENEE MONTAGNE, host:
NPR's business starts with a truce in the chip wars.
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MONTAGNE: Computer chip giant Intel has agreed to a settlement with rival AMD. Intel will be paying out one and a quarter billion dollars. The move comes after years of disputes between the two chip makers, who together sell nearly all the world's microprocessors. AMD has long accused Intel of using illegal tactics to dominate the market.
It alleges Intel has paid computer makers to use its chips and in some instances threatened them.
STEVE INSKEEP, host:
Intel has always maintained it hasnt done anything wrong but AMD's complaints have prompted anti-trust lawsuits and penalties against Intel from regulators in Europe and Asia. And last week, New York's attorney general filed a lawsuit accusing Intel of using threats and collusion to dominate the chip market.