Xockets Files Antitrust And Patent Infringement Lawsuit Against NVIDIA, Microsoft, And RPX Corp., Alleging Violation Of Federal Antitrust Laws; Xockets Alleges NVIDIA And Microsoft Formed "Illegal Cartel" To Avoid Paying Fair Market Price For Patented DPU Technology In Antitrust Lawsuit
Portfolio Pulse from Benzinga Newsdesk
Xockets has filed an antitrust and patent infringement lawsuit against NVIDIA, Microsoft, and RPX Corp., alleging violations of federal antitrust laws.
September 05, 2024 | 6:56 pm
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NEGATIVE IMPACT
Microsoft is involved in a lawsuit filed by Xockets for alleged antitrust and patent infringement violations.
The involvement in the lawsuit could pose legal and financial risks for Microsoft, potentially affecting its stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
NVIDIA is facing a lawsuit from Xockets for alleged antitrust and patent infringement violations.
The lawsuit could lead to legal challenges and potential financial liabilities for NVIDIA, impacting its stock negatively in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80