Friday the 13th

It's friday the 13th and when went to office and check my mail, i got a really surprising news.
It's all over the net by now so here's the press release :)

"AMD and Intel Announce Settlement of All Antitrust and IP Disputes
SUNNYVALE/SANTA CLARA, Calif. – Nov. 12, 2009 – Intel Corporation and Advanced Micro Devices (NYSE: AMD) today announced a comprehensive agreement to end all outstanding legal disputes between the companies, including antitrust litigation and patent cross license disputes.
In a joint statement the two companies commented, “While the relationship between the two companies has been difficult in the past, this agreement ends the legal disputes and enables the companies to focus all of our efforts on product innovation and development.”Under terms of the agreement, AMD and Intel obtain patent rights from a new 5-year cross license agreement, Intel and AMD will give up any claims of breach from the previous license agreement, and Intel will pay AMD $1.25 billion. Intel has also agreed to abide by a set of business practice provisions. As a result, AMD will drop all pending litigation including the case in U.S. District Court in Delaware and two cases pending in Japan. AMD will also withdraw all of its regulatory complaints worldwide. The agreement will be made public in filings with the Securities and Exchange Commission"

Intel must be shaking in their boots after being sued by the NY attourney, EU, Japan and Korean trade commisons. They paid dell 6 billion dollars to not use AMD chips, not to mention HP , IBM and more.
AMD will go fabless, which means no more fabrication plant and will only do R&D and design.
The nice fabrication plant is sold and is being owned by GLOBALFOUNDRIES

Check anandtech for more info
http://www.anandtech.com/cpuchipsets/showdoc.aspx?i=3675