AMD also gets sued for Spectre
Not just Intel, chip manufacturer AMD now also has been sued for the Spectre security leak. It is a so-called 'class action' lawsuit filed on behalf of the company's investors.
In the indictment, both AMD, the financial director and director of the company, are accused of having artificially increased the share price of the company by not previously announcing that AMD processors are vulnerable to the Specter leak. AMD was informed at the beginning of June last year, sources claim.
Spectre came to light earlier this month with the Meltdown vulnerability and, in contrast to this vulnerability, affects virtually all modern computers, smartphones, and tablets. Investors of the company have, according to the charges, "made significant losses" as a result of the price drop after the publication of the leak.
A spokesperson for AMD told The Register that the company found the accusations unfounded, reports nu.nl. Four lawsuits have already been filed against competitor Intel because of Spectre and Meltdown.
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What's unbelievable about that?
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What AMD lied about?? Honest question, not trolling like someone
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Significant loss yet AMD stocks are higher now than they have been in quite a while :p
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You could read the article, you know...
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Unbelievable.