Intel Fined $950 Million After Losing Patent Infringement Lawsuit

Lawsuits are taking their toll on Intel, as the tech giant has been forced to pay nearly $950m in a patent infringement case.

VLSI Technology, a patent holding company affiliated with Softbank’s Fortress Investment Group, was awarded $948.8m this week in a patent claim against Intel.

A federal jury in Texas agreed with VLSI’s claim that Intel’s Cascade Lake and Skylake microprocessors violated the company’s patent covering data processing improvements, Reuters reports.

Read the source article at siliconrepublic.com