Intel Corp. (Nasdaq: INTC) charged Advanced Micro Devices Inc. (NYSE: AMD) with breach of contract and threatended to end licensing agreements with the chipmaker but investors viewed the accusation as unfounded. Shares of Intel rose 45 cents to $14.70 while AMD stock climbed 31 cents to $2.79.
Intel Charges AMD With Breach Of Contract
March 17, 2009 at 14:05 PM EDT