Intel and the Federal Trade Commission (FTC) have reached a tentative settlement in the antitrust suit filed by the Commission December 16. The FTC sued Intel alleging Intel had violated Section 5 of the FTC Act. The settlement agreement expressly states that Intel does not admit either any violation of law or that the facts alleged in the complaint are true. The agreement approved today by the Commission is subject to a 30 day public comment period and final approval by the Commission.
Last Friday, Intel CEO Pat Gelsinger told CNBC he thinks the chip shortage will last into 2024.
The Radeon RX 6500M outperforms the Intel Arc A370M in AMD benchmarks. This week, Intel unveiled its Arc laptop GPUs, which featured the A370M from the Arc 3
AMD has a larger market cap than Intel for the first time in history. Since its initial Zen architecture in 2017, AMD's fortunes have improved dramatically.
