AMD to pay $29.5 million to settle Llano Class Action Lawsuit

Who here remembers Llano?

AMD to pay $29.5 Million to settle Llano Class Action Lawsuit

AMD to pay $29.5 million to settle Llano Class Action Lawsuit

 
Back in 2009, AMD promised to deliver an exceptional product, one which would combine a CPU and GPU to offer exceptional performance.  This product came hot off the heels of AMD's purchase of ATI, with the company promising that Llano would compete with Intel's upcoming Sandy Bridge Architecture in computational power and offer the most powerful integrated graphics solution ever made.  
 
Sadly, the tale of Llano is a sad one, with the CPU itself performing at i3 levels with their quad-core A8-3850, using four CPU cores and an internal GPU that was very impressive for its time. In terms of single-threaded performance, Llano failed to impress and its quad-core status was not enough to save it thanks for the limited support for multi-threading at that time.
 
AMD's shareholders were understandably not impressed with AMD's performance, with Llano being delayed multiple times from its original release date in 2009 and its eventual release in 2011. Llano's underwhelming performance led to a lot of unsold inventory and was one of many situations that started to push AMD into a dangerous position. This was before AMD even launched their infamous Bulldozer CPU architecture.   

Today it has been revealed that AMD has agreed to a settlement where the company will deliver $29.5 million payout for those who purchased AMD stocks between April 4th, 2011 and October 18th, 2012. This settlement will end this legal battle before it reaches trial. 

  

AMD to pay $29.5 Million to settle Llano Class Action Lawsuit  

Llano was one of many steps that placed AMD into a dangerous financial situation, alongside Bulldozer which released in the years afterwards. Over time AMD's market share dropped, as the company's future APUs failed to have the market impact that they desired. 

In recent months with the release of Ryzen, EPYC and Vega AMD's fortunes have started to turn, placing AMD in a much better situation than they were in with the release of Llano. Will the release of Ryzen Mobile later this quarter be able to finally bring their APU ambitions to fruition? 

 

You can join the discussion on AMD planned settlement for their Llano lawsuit on the OC3D Forums

 

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