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Thanks! But what does "infused them with money" money mean? They wrote them a check for a few billion dollars? Would you mind explaining like I'm completely clu
by wfunction 10y ago
Thanks! But what does "infused them with money" money mean? They wrote them a check for a few billion dollars? Would you mind explaining like I'm completely clueless (which I kind of am)? I literally don't know (or if I did, remember) anything about this so the missing details are not helping. Thanks!
- ptaipale 10y agoIntel actually gave about 1.25B$ to AMD in 2009, in order to rid itself of an unfair competition and patent claim. This helped AMD to stay afloat. Without it, Intel would be in an effective monopoly position and that would bring in all sorts of restrictions (due to competition laws particularly in the US and EU) it doesn't want to have. http://www.tgdaily.com/business/44723-amd-to-use-intel-cash-to-pay-off-debt http://www.tgdaily.com/business/44723-amd-to-use-intel-cash-...