AMD Hit With Investor Suit Over Chips' Vulnerability

Law360, New York (January 16, 2018, 4:30 PM EST) -- Chipmaker Advanced Micro Devices Inc. downplayed its vulnerability to a recently revealed security flaw dubbed Spectre, causing shares to drop when the company disclosed the true extent of its chips' susceptibility, says a proposed class action filed in California federal court Tuesday.

Investor Doyun Kim said AMD shares fell almost 1 percent to $12.02 on Friday after the company admitted its chips were vulnerable to both variants of the Spectre flaw that exposes passwords and other sensitive data to third parties. The company misled shareholders about its chips' susceptibility to the flaw prior to the public announcement, in violation of securities...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!