The dispute began a month ago, as INTC filed a motion against NVDA (in the same court), noting that the agreement didn't allow NVDA to make chipsets with certain INTC chips. NVDA has dismissed this notion, claiming that INTC is blocking them from "making use of the very license rights that they agreed to provide."
According to INTC, the two companies "have a significant disagreement over Nvidia's rights in the agreement with Intel," adding, "the issues are now crystallized and we'll ask the court to sort this out."
NVDA has performed well of late, toppling long-term resistance at the $10 level. The last time the chipmaker ascended atop this level was last October. With $10 in its rearview mirror, we could see NVDA use it as support when necessary. Furthermore, any pick up in the economy could lead to higher sales for the companies that NVDA (and INTC) provides its products to, leading to better days.
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