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PTAB-TRIAL ·Filed Oct 20, 2026

INTC

INTEL CORP
BULLISH
Impact 5/10
Horizonweeks Processed6d 11h ago PTABView PTAB decision
PTAB final written decision
Actionable Insight ▲ Bullish

Intel has removed a patent infringement risk in the Western District of Texas related to cluster computing. Monitor for any appeal by Advanced Cluster Systems to the Federal Circuit, which could restore the patent claims.

DirectionBullish
Confidencehigh
Horizonweeks
Latest settled — T+1d ⚠ clustered
INTC ▼ -8.04% at T+1d
LONG call ✗ call lost -8.04% · α vs SPY -6.85% · entry $92.96 → $85.49
Next anchor: T+5d in 2d
Latest observation: T+2 +5.34% FF3 residual α
Entry anchored
Oct 21, 09:30 AM ET
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T+1d
-8.04%
call -8.04% · α -6.85%
$85.49
settled 4d ago
T+5d
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T+20d
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T+60d
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Executive Summary

The PTAB issued a Final Written Decision in IPR2025-00916, finding all challenged claims (1–20) of Advanced Cluster Systems' U.S. Patent 11,811,582 B2 ("Cluster Computing") unpatentable as obvious. Intel Corporation, as a petitioner, successfully eliminated a patent that was asserted against it in pending Western District of Texas litigation. This removes a potential infringement liability for Intel related to cluster computing technology.

PTAB Trial Details

Proceeding
IPR2025-00916
Proceeding Type
IPR — inter partes review
Decision
Final written decision
Company Role
Petitioner
Outcome for Patent Owner
Loss
Patent
U.S. 11,811,582
Patent Covers
Cluster computing — a computer cluster system with nodes, kernels, and cluster node modules for parallel computation
Challenged Claims
1–20
Claims Cancelled
1–20
Related Litigation
Advanced Cluster Sys., Inc. v. Intel Corp., No. 7:24-cv-00245 (W.D. Tex.); Advanced Cluster Sys., Inc. v. Advanced Micro Devices, Inc., No. 7:24-cv-00244 (W.D. Tex.)
Next Step
Parties seeking judicial review must comply with 37 C.F.R. § 90.2 (appeal to the Federal Circuit)

Key Facts

  • Final Written Decision determining all challenged claims 1–20 of U.S. Patent 11,811,582 B2 unpatentable
  • Intel Corporation was a petitioner in IPR2025-00916
  • Patent owner Advanced Cluster Systems, Inc. had asserted the patent against Intel in Advanced Cluster Sys., Inc. v. Intel Corp., No. 7:24-cv-00245 (W.D. Tex.)
  • The Board found the claims obvious over combinations of prior art references including Menon, Trefethen, RS6000, MPIref, and POEref
  • The decision is final and subject to appeal to the Federal Circuit

Financial Impact

Not stated in the decision; no damages or settlement amounts disclosed

patent_liabilitylitigation_exposure

Risk Factors

  • Patent owner may appeal the decision to the Federal Circuit
  • Other related patents in the same family (IPR2025-00913–915) were also found unpatentable, but additional patents or reexaminations may still be asserted
  • The underlying district court case may continue on other grounds or other patents

Investment Themes

Semiconductors

Documents Analyzed

This report is based on 1 PTAB decision.

DocumentAccession Number
PTAB-TRIAL Data (Synthetic)ptab-IPR2025-00916-fwd-INTC
25 reports for INTC
Performance horizon
70% Hit rate @ T+5 7 of 10 directional calls Went positive at some point 8 of 11 best @ T+20▲ +63.21%Apr 21, 2026
Filters
Rows
Reports for INTC — sortable, filterable
TypeNow
Oct 21, 2026
4d ago
Institutional Cluster
BULLISH ★ 4/10
$85.49awaiting T+5—$86.96 (+1.72%)
Oct 20, 2026
6d ago
PTAB Trial
BULLISH ★ 5/10
$92.96awaiting T+5—$86.96 (−6.45%)
Oct 19, 2026
7d ago
ANALYST-UPGRADE
MIXED ★ 3/10
$92.03awaiting T+5—$86.96 (−5.51%)
Sep 8, 2026
6w ago
ANALYST-UPGRADE
BULLISH ★ 4/10
—awaiting T+5——
Aug 14, 2026
10w ago
Insider Buy
MIXED ★ 6/10
$103.49 $87.26▼ −15.68%▼ −14.49%$86.96 (−15.97%)
Aug 12, 2026
10w ago
8-K
BEARISH ★ 7/10
$104.56 $92.13▲ +11.89%▲ +9.92%$86.96 (+16.83%)
Aug 10, 2026
10w ago
424B5
BEARISH ★ 8/10
$97.52 $103.47▼ −6.10%▼ −6.14%$86.96 (+10.83%)
Aug 10, 2026
11w ago
S-3ASR
NEUTRAL ★ 3/10
$97.52 $103.47▲ +6.10%▲ +6.14%$86.96 (−10.83%)
Jul 28, 2026
12w ago
Court Ruling
NEUTRAL ★ 1/10
$81.88 $101.06▲ +23.42%▲ +17.90%$86.96 (+6.20%)
Jun 25, 2026
17w ago
ANALYST-UPGRADE
MIXED ★ 2/10
—awaiting T+5——
Showing 10 of 25

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