Adeia, NVIDIA Resolve Existing Litigation Between Them On Confidential Terms
Portfolio Pulse from Benzinga Newsdesk
Adeia and NVIDIA have resolved their existing litigation on confidential terms. Adeia's chief licensing officer expressed hope that the settlement will pave the way for future technology collaborations with NVIDIA.
September 11, 2023 | 8:19 pm
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POSITIVE IMPACT
NVIDIA's litigation with Adeia has been resolved, potentially opening up opportunities for future collaborations.
The resolution of the litigation removes a potential legal risk for NVIDIA. The possibility of future collaborations with Adeia could lead to new opportunities and potential growth for the company, which could positively impact the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70