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Guru3D.com » News » AMD also gets sued for Spectre

AMD also gets sued for Spectre

by Hilbert Hagedoorn on: 01/18/2018 10:58 AM | source: | 64 comment(s)
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. 







« Intel SSD 760p Performance and Volume Sizes Surface · AMD also gets sued for Spectre · Review: GALAX/KFA2 GeForce GTX 1070 Ti Hall of Fame Edition »

13 pages 1 2 3 4 > »


Stormyandcold
Senior Member



Posts: 5838
Joined: 2003-09-15

#5511895 Posted on: 01/18/2018 11:42 AM
Unbelievable.

fantaskarsef
Senior Member



Posts: 14328
Joined: 2014-07-21

#5511897 Posted on: 01/18/2018 11:45 AM
Unbelievable.


What's unbelievable about that?

kruno
Senior Member



Posts: 260
Joined: 2017-09-25

#5511898 Posted on: 01/18/2018 11:49 AM
Well, that's fair. AMD lied. Cheap moves against Intel got back at them like a boomerang. Karma is a bitch huh?

What AMD lied about?? Honest question, not trolling like someone

AlmondMan
Senior Member



Posts: 989
Joined: 2007-09-03

#5511902 Posted on: 01/18/2018 11:53 AM
Significant loss yet AMD stocks are higher now than they have been in quite a while :p

AlmondMan
Senior Member



Posts: 989
Joined: 2007-09-03

#5511903 Posted on: 01/18/2018 11:53 AM
What AMD lied about?? Honest question, not trolling like someone

You could read the article, you know...

13 pages 1 2 3 4 > »


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