SPX3,998.84-72.86 -1.79%
DIA340.03-4.71 -1.37%
IXIC11,239.94-221.56 -1.93%

Intel hit with $948.8 mln U.S. verdict in VLSI computer chip patent trial

Reuters · 11/15/2022 17:15
Intel hit with $948.8 mln U.S. verdict in VLSI computer chip patent trial

By Blake Brittain

- A federal jury in Texas on Tuesday said Intel Corp INTC.O 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 9434.T 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.


(Reporting by Blake Brittain; Editing by Leslie Adler)