NEW YORK (TheStreet) -- Intel (INTC) - Get Report has reportedly reached a preliminary settlement with the Federal Trade Commission regarding the company's marketing practices according to Reuters.

The deal will restrict the way in which Intel markets its products but will allow the company to avoid paying a hefty penalty said the report, which cited an anonymous source.

Intel will also be required to extend changes that were part of a settlement reached in November with

Advanced Micro Devices

(AMD) - Get Report

to include graphics chips.

Reuters

said in its report that Intel's use of volume discounts for central processing units and graphics chips will be further regulated as well.

-- Reported by Ross Tucker in New York.

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