Advanced Micro Devices Inc. signed a multi-year licensing agreement with Adeia Inc. to access its semiconductor intellectual property portfolio. The agreement resolves all outstanding patent litigation between the two companies. Both firms intend to explore future collaborations on advanced semiconductor technologies.
The deal grants AMD access to critical technologies including hybrid bonding, semiconductor packaging, and processing.
AMD shares rebounded on Monday following the announcement. Investors weighed the licensing deal against potential new U.S. export restrictions for AI chips. Geopolitical risks continue to influence the broader semiconductor industry.