Intel, AMD, Patents, and Punishment

You could buy a large yacht – and a Caribbean island to moor it on. You could keep a lifetime supply of Ferraris for you and all of your newly found friends. You could acquire several small companies. You could settle into a dozen houses along the fairways at Pebble Beach, hitting balls through the windows all day. Or if you’re Intel, you write a big check to AMD. And if you’re AMD, you fritter it away in about 12 months.

By now you’ve heard about Intel’s big legal settlement with AMD, ending a longstanding lawsuit that’s been both bitter and strangely entertaining. The two companies have been fighting each other for years, both in the market and in the courtrooms. For now, at least, it looks as if they’ve buried the hatchet.