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Andy Grave

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Andy Grave

Re: ibc post# 144580

Wednesday, 03/16/2016 9:49:17 PM

Wednesday, March 16, 2016 9:49:17 PM

Post# of 151631
....should have held one more day

from TGPTNDR on SI


Bloomberg reports Intel (NASDAQ: INTC) is in talks with AMD to license its smaller rival's GPU patents.

The report comes with Intel's cross-licensing deal with Nvidia (NASDAQ: NVDA) due to expire in Q1 2017. Nvidia has been recording $66M/quarter in licensing revenue related to the Intel deal, which allows Intel to use Nvidia's IP in the GPUs integrated with its CPUs.

AMD is up 6.1% after hours to $2.79. Nvidia is down 0.7% to $32.87.
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