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Mar172009

Intel hits AMD with patent CLA breach claim

In an SEC filing, AMD said it had received “correspondence” from Intel relating to the firm’s 2001 Patent Cross License Agreement, which “(i) alleges that the Company has committed a material breach of the Cross License through the creation of the Company’s GLOBALFOUNDRIES joint venture and (ii) purports to terminate the Company’s rights and licenses under the Cross License in 60 days if the alleged breach has not been corrected”.

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