Tuesday, August 27, 2019

AMD Settles FX Bulldozer False Advertisement Lawsuit

AMD has finally settled its long running class-action lawsuit for false advertising for $12.1 million.

That led to a long-running class-action false advertisement lawsuit that was filed in 2015, but AMD settled the lawsuit today for a paltry $12.1 million. The settlement works out to roughly $35 a chip, provided that the number of claimants meets the projections of the court. Unfortunately, the court only predicts that 1/5th of the customers that purchased a Bulldozer chip will come forward to claim their settlement.