Nvidia, Intel in Patent Pact

Nvidia

(NVDA) - Get Report

rose after the company announced a patent cross-licensing agreement with

Intel

(INTC) - Get Report

.

The companies described the deal as "a broad, multiyear patent cross-license agreement spanning multiple product lines and product generations.

"Additionally, the companies signed a multiyear chipset agreement for Nvidia to license Intel's front-side bus technology. This will enable Nvidia to deliver its Nvidia nForce platform technology on Intel-based systems," it said.

nForce is a processor-enhancement platform that had previously integrated chips made by

Advanced Micro

(AMD) - Get Report

. Now Nvidia can attach nForce to Intel's speedy PCI Express system bus.

nVidia rose $1.23, or 6.5%, to $20.09, while rival

ATI

(ATYT)

fell 82 cents, or 4%, to $19.57.