A PYMNTS Company

Intel Asks Judge To Overturn US $2.1B Patent Loss

By  |  September 15, 2022

Intel blasted a jury’s $2.1 billion patent verdict against it on Wednesday in its opening brief at the US Court of Appeals for the Federal Circuit, calling VLSI’s damages claims “exorbitant” and the trial fatally flawed.

Intel told the appeals court that US District Judge Alan Albright allowed VLSI to present evidence that prejudiced the jury against it and led to an excessive award. The chipmaker also said that no reasonable jury could find its microprocessors infringed the patents.

VLSI is a patent-holding company owned by investment funds managed by SoftBank Group Corp subsidiary Fortress Investment Group LLC. Intel’s brief called VLSI “an entity formed by a hedge fund for the sole purpose of buying patents to assert against Intel.”

Intel said VLSI’s case relied on “unsupported infringement theories and outrageous damages claims.”

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.