Integrated Device Technology, Inc. (IDTI) announced that the International Trade Commission or ITC issued a favorable ruling in a patent action brought by LSI Corp., against several semiconductor companies, including IDT. In the ruling, the ITC found that the patent claims asserted by LSI were invalid.
LSI had alleged that IDT and the other defendants in the action violated section 337 of the Tariff Act which prohibits the importation and sale of infringing products. Based on the finding of invalidity, the court held that no violation of section 337 has occurred with respect to the asserted claims.
The full ITC commission has until November 21 to determine whether to review the initial determination of the judge or allow it to become final.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.