The office of New York Attorney General Andrew Cuomo on Thursday said it launched a formal investigation into Intel to determine whether the world's biggest chipmaker violated state and U.S. antitrust laws to squeeze out its main rival, Advanced Micro Devices.

Cuomo said his office on Thursday served a wide-ranging subpoena seeking documents and information on Intel. Cuomo said a preliminary probe had raised questions about whether Intel had coerced customers to exclude AMD from the worldwide market for computer processing units.

"Our investigation is focused on determining whether Intel has improperly used monopoly power to exclude competitors or stifle innovation,"...

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