AMD has struck a deal with shareholders who had accused it of misleading investors in the run-up to the 2011 Llano Accelerated Processing Unit launch: the company will be paying nearly $30M to settle the class action lawsuit, which was originally filed in 2014. AMD was accused of violating federal securities laws by allegedly misleading investors on the progress it was making toward the public launch of the chip.



…the 32nm Llano chip, which combined CPU and GPU components within a single die and was set to compete with Intel’s Sandy Bridge line. After multiple delays beset the Llano, the chips had an initial 2009 release date pushed back to 2011, even as component manufacturers began selling motherboards for the line. AMD eventually had to write off $100m in unsold inventory. The fiasco was one of several that pushed AMD’s finances into deep trouble in subsequent years, which AMD has only begun to sort out.

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Source: [H]ardOCP – AMD Agrees to Drop .5M to Make Llano Chip Disaster Go Away