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In 1976, Intel needed a second source to produce its 8085 processor for IBM PCs so it turned to AMD. In 1982, Sanders was responsible for a renegotiated licensing deal that would enable AMD to copy Intel's processor microcode to make its own x86 processors, a deal that eventually made the company the only real competitor to Intel.[2][3] The open-ended legal language of the deal was used by Sanders to lead efforts for AMD to reverse-engineer and clone Intel's 8086 processor. Intel successfully countersued AMD which caused AMD's stock to collapse and nearly killed the company.[9]