Intel has paid Advanced Micro Devices $1.25bn through a settlement to end the ongoing legal disputes between the companies, including antitrust litigation and patent cross-licence disputes.
Under the terms of the agreement, AMD and Intel obtain patent rights from a new five-year cross-licence agreement,
The EU has investigated Intel's business practices following a complaint by AMD over the chip giant's business practices. Earlier this week, New York attorney general Andrew Cuomo claimed that Intel spent up to $6bn to coerce computer makers such as Dell, HP and IBM into using its chips instead of those from rival AMD.
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