Micron says to appeal in Rambus patent trial

Wed Mar 26, 2008 4:37pm EDT
 
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SAN FRANCISCO (Reuters) - Microchip maker Micron Technology Inc (MU.N: Quote, Profile, Research, Stock Buzz) on Wednesday said it would appeal a jury verdict that Rambus Inc (RMBS.O: Quote, Profile, Research, Stock Buzz) 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)

 

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