American Guarantee & Liability Insurance Co., a unit of Zurich Financial Services, AG, Schaumburg, Ill., and Intel Corp., Santa Clara, Calif., have filed countersuits over defense cost payments for an antitrust suit filed against the computer chip maker by Intel’s competitor Advanced Micro Devices Inc. (AMD), and consumers in 2005.
In the action it has filed in the U.S. District Court for the Northern District of California in San Jose, Intel is seeking at least $50 million in defense costs, according to public court documents.
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