Intergraph Hits High on Court Win Against Intel

Intergraph ( INGR) was up 9.4% in late morning after hitting a 52-week high of $11.38.

The company, which has been fighting a long-running court battle against Intel ( INTC), said that an appeals court ruling Thursday means the chip giant does not have rights to use some of Intergraph's technology in its Pentium chips. Intergraph said it would seek royalty payments from Intel.

Intel was up 0.6%.

More from Technology

3 Warren Buffett Stock Picks That Could Be Perfect for Your Retirement Portfolio

3 Warren Buffett Stock Picks That Could Be Perfect for Your Retirement Portfolio

50 Stocks That Could Be Shredded If a U.S. Trade War With China Ignites

50 Stocks That Could Be Shredded If a U.S. Trade War With China Ignites

Salesforce Is Hitting on All Cylinders as Shares Notch an All-Time High

Salesforce Is Hitting on All Cylinders as Shares Notch an All-Time High

Tuesday Turnaround in Politics: Is a Trade War on the Horizon?

Tuesday Turnaround in Politics: Is a Trade War on the Horizon?

FANG Stocks Get Swept Up in Broader Market Selloff

FANG Stocks Get Swept Up in Broader Market Selloff