Intel insiders have confirmed to DailyTech that the license for ATI to manufacture chipsets for the Intel bus has not been revoked. ATI's board of directors recently approved a takeover bid from AMD which would make ATI a division of AMD if approved.
A report on The Inquirer yesterday claims "ATI had its chipset bus license pulled, or at least not renewed by Intel." Aside from the fact that it is probably not legal for Intel to retract the agreement, the cross-license agreement between Intel and ATI has not come up for review either. It's not impossible to fathom that Intel would opt to not renew the ATI cross-license agreement, but at this time the agreement is still working and will continue to function until an announcement is made by Intel and ATI.