PcIndustry
Latest
AMD may not heart ATI after all
When you spread faithfully report as many rumors as we do, you're bound to be off the mark more often than not, and here it turns out that the AMD / ATI merger gossip we recently passed along is starting to look decidedly bogus. Having no "insiders" at either company ourselves, we're resigned to waiting for such publications as The Inquirer to massage their own connections, and now the Inq is reporting that sources from both camps have denied that acquisition talks are even occurring, much less that any sort of purchase is imminent. Since there was no hard evidence to support this rumor in the first place, other than some supposedly-telling supply chain checks done by RBC analyst Apjit Walia, you'll probably agree that this new information doesn't come as much of a shock. Still, seeing how ATI's steadily declining stock price took a slight upturn right after this story went public, it seems that not everyone took our recommendation to remain calm during these times of wild speculation.
AMD to buy ATI?
In keeping with our policy of only reporting the juiciest of rumors, we're passing along a prediction by analyst Apjit Walia that microprocessor giant AMD is poised to purchase graphics powerhouse ATI in a move that would surely shake up the PC industry. Walia, who does his analyzin' for RBC Capital Markets, based his conjecture on recent so-called "checks in the PC food chain," meaning that no real hard evidence exists proving that AMD is even considering such a move. Still, Forbes reminds us that both ATI and rival nVidia have long been rumored to be acquisition targets of one of the major processor manufacturers, and a merger with AMD could be leveraged to ATI's advantage in regaining dominance of the market for high-end gaming components. For now, though, you'd be wise to file this story strictly under "one guy's opinion," instead of running out, snatching up ATI stock, and driving up the price like Walia and his investors are probably hoping.[Via PC Perspective, thanks Ryan]
