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AMD Buying Out ATI Rumors

By Johns Wu on Jul 06, 2006

There have been rumors by AMD, Advanced Micro Devices, to acquire ATYT, ATI Technologies Inc. Trading volume and volatility has also been irregularly high in ATYT lately. 

"Two companies are hardly compatible and a chap confirmed that if anyone is out to get ATI it is definitely not an AMD. You have to think more blue I think as Intel has the money for it. They are not in talks either but Intel could pull out the cash."

The Inquirer reports that AMD won't buy ATI, according to unnamed sources. However, a Chinese publication called Sinatech is reporting that the AMD and ATI deal is true.

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This entry was posted on Thursday, July 6th, 2006 at 1:22 am and is filed under Market News. You can skip to the end and leave a response. Pinging is currently not allowed.


5 Responses to “AMD Buying Out ATI Rumors”


By Anonymous on July 6th, 2006 at 2:59 am

Unnamed sources? Cmon, This is an informative site? Give me a break.

By youwiln on July 6th, 2006 at 8:22 am

If it goes thru 85 and 87 looks like 100 is attainable .

What do you think?

By Mr. Pink on July 6th, 2006 at 5:59 pm

you saw the double top on AMD that signaled to us all that Intel was coming back?

Intel is not the same company it was in the 70s — but at 14 x, it looks attractive. If INTC can report even ONE good quarter, the stock could return to 18 x and never break a sweat.

By youwiln on July 9th, 2006 at 3:56 am

DNA is going into earnings. That could be the catalyst

By youwiln on July 12th, 2006 at 4:24 pm

CLOSED AT $80.98
WHAT DO YOU THINK??

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