Today is Saturday, 19th April 2025

Dem AG Cuomo Launches Investigation Into Intel

I wonder what Cramer over at Mad Money has to say about this:

New York Attorney General Andrew Cuomo has launched an antitrust investigation of Intel Corp.

Santa Clara-based Intel (NASDAQ:INTC) has been served a wide-ranging subpoena seeking documents and information regarding Intel’s pricing practices. Cuomo is investigating whether Intel, the nation’s No. 1 computer chip manufacturer, violated state and federal antitrust laws by “coercing customers to exclude its main rival, Sunnyvale-based Advanced Micro Devices Inc. from the worldwide market for x86 computer processing units.”

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