Intel loses U.S. patent trial to VLSI Tech

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A federal court has ruled that Intel infringed on patents and must pay a technology rival $2.18 billion .

Intel infringed two patents related to chip-making owned by VLSI Technology LLC the jury ruled.

The jury found $1.5 billion for all damages caused to VLSI on infringement of the first patent and $675 million for the infringement of the other.

Intel’s shares closed down 2.6% at $61.24.

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