• Most Popular
  • Most Shared

Micron says to appeal in Rambus patent trial

SAN FRANCISCO
Wed Mar 26, 2008 4:37pm EDT

Stocks

   

SAN FRANCISCO (Reuters) - Microchip maker Micron Technology Inc (MU.N) on Wednesday said it would appeal a jury verdict that Rambus Inc (RMBS.O) did not violate antitrust laws or commit fraud in its attempt to protect memory chip patents.

The decision in a U.S. federal court sent Rambus shares soaring nearly 39 percent to $25.86, while Micron dropped 5 percent to $5.50.

(Reporting by Peter Henderson, editing by Phil Berlowitz)



More from Reuters

Photo

Obama blames "systemic failures" in U.S. security

KANEOHE, Hawaii (Reuters) - President Barack Obama on Tuesday blamed a combination of "human and systemic failures" for allowing the botched Christmas Day attack aboard a Detroit-bound U.S. airliner, in his first big test on homeland security. | Video

Leaves gather in front of an empty and boarded-up house in Youngstown, Ohio November 21, 2009.    REUTERS/Brian Snyder

Castles built on sand

Rust-belt American cities like Youngstown, Ohio were battered by the downturn. Now they're ready to move on, but it won’t be easy. The first in a three-part report.  Full Article 

REUTERS/James Saft

Welcome to the "Teenies"

Shrinking financial sector? Paltry investment returns? Welcome to the the next decade. Don't worry, there's some good news, too.  Commentary