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BUSINESS BRIEFING / TECHNOLOGY

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Times Wire Reports

Intel Corp. said Advanced Micro Devices Inc.’s spinoff of its plants into a new company violated a patent license for the technology used to make all personal computer processors.

The AMD plant venture, Globalfoundries, isn’t a subsidiary under the terms of a 2001 cross-license agreement between the two firms, Intel said.

AMD, Intel’s only major rival in microprocessors, denied any breach.

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