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Intel hit with $948.8 million U.S. verdict in VLSI computer chip patent trial By Reuters

by Reuters
November 15, 2022
in Stock Market
Reading Time: 1 min read
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© Reuters. FILE PHOTO: Visitors are seen at the Intel booth during the China Digital Entertainment Expo and Conference, also known as ChinaJoy, in Shanghai, China July 30, 2021. Picture taken July 30, 2021. REUTERS/Aly Song/File Photo

By Blake Brittain

(Reuters) – A federal jury in Texas on Tuesday said Intel Corp (NASDAQ:) must pay VLSI Technology LLC $948.8 million for infringing a VLSI patent for computer chips.

VLSI, a patent-holding company affiliated with the SoftBank Group Corp-owned private equity firm Fortress Investment Group, argued during the six-day trial that Intel’s Cascade Lake and Skylake microprocessors violated its patent covering improvements to data processing.



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Tags: chipcomputerHitIntelMillionpatentReutersTrialverdictVLSI
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