Latest News In AI Chips - Alpha Modus Sues MNTN Over AI Patent Infringement

Alpha Modus Holdings, Inc. has initiated a patent infringement lawsuit against MNTN, Inc., focusing on the implementation of AI-driven consumer engagement technologies. The lawsuit, filed in the U.S. District Court for the Western District of Texas, alleges that MNTN's connected TV advertising solutions infringe upon three of Alpha Modus’s key patents. These patents, which are pivotal to modernizing retail and advertising engagement through advanced consumer monitoring and real-time interactions, form a significant part of Alpha Modus's intellectual property strategy. The legal action underlines Alpha Modus's commitment to protecting and monetizing its AI innovations, which are increasingly intersecting with sectors such as retail media and connected TV.

In other market news, Kioxia Holdings (TSE:285A) was a notable mover up 10.9% and ending trading at ¥4,440, near its 52-week high. At the same time, Cambricon Technologies (SHSE:688256) softened, down 3.2% to close at CN¥1,440.00.

ASML Holding stands to benefit from immediate growth in the expanding semiconductor sector driven by AI demand, highlighting the importance of understanding its unique position in the market. Discover the full story on ASML's potential in our detailed narrative.

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• Advanced Micro Devices (NasdaqGS:AMD) ended the day at $158.57 up 1.9%.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

• Simply Wall St
• "Alpha Modus Files Patent Infringement Lawsuit Against MNTN, Inc. in the Western District of Texas" from Alpha Modus Corp. on GlobeNewswire (published 12 September 2025)

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