Summary:

- Intel has agreed to an important set of ground rules to a free and open market in the microprocessor industry

- New patent cross-license agreement that gives AMD broad rights and the freedom to operate a business utilizing multiple foundries

- GLOBALFOUNDRIES has agreed to terms that allow them the freedom to operate as an independent world-class leading-edge foundry company, going forward, without being a subsidiary of AMD.

- Intel has agreed to pay AMD $1.25 billion within 30 days of this agreement.

- AMD has agreed to drop all pending lawsuits against Intel as well as all regulatory complaints.