AMD to buy ATI for $5.4 billion |
|
  AMD didn’t stop at slashing prices on chips today, they also spent a pile of money to get bigger and more competitive. The second biggest chipmaker in the world behind Intel has announced their intention to buy graphic chip industry leader ATI Technologies for $5.4 billion. With the move, AMD instantly becomes one of the leading suppliers of graphic chips, and they become much more able to compete with, and maybe even surpass, bitter rival Intel.
The move also has a side benefit for AMD. Intel has been trying (unsuccessfully) to break into the consumer product fields like HDTVs and cell phones. ATI supplies those sectors, so AMD establishes a foothold their rival does not have.
AMD hopes the deal will support them in their continued efforts to steal market share from Intel. They have taken 5% from the Pentium and Centrino crew in recent years, and each percentage point equates to about $300 million in revenue. This deal, which should be approved by year's end, will contribute in a small way to the bottom line of AMD in 2007, but the company anticipates a major boost in 2008.
Via Yahoo! News
|
 Reader Ratings |
|
| Be the first to rate this article.
|
|
Recent Headlines
MSI X320 Netbook Tackles the MacBook Air in Thinness- posted on Monday January 5, 2009 2:58 PM CST
AT&T to Announce iPhone Tethering Plan at MacWorld?- posted on Monday January 5, 2009 2:53 PM CST
Lock BlackBerry Storm Screen During Phone Calls- posted on Monday January 5, 2009 2:42 PM CST
Large Touchscreen-Equipped Palm Phone with Slide-Down Keyboard- posted on Monday January 5, 2009 12:25 PM CST
No iPhone Pro at Macworld, But QWERTY Coming Anyway?- posted on Monday January 5, 2009 12:25 PM CST
REVIEW: Ecosol Powerstick V2 USB-Powered Portable Charger- posted on Sunday January 4, 2009 6:19 PM CST
Three Great Innovations from 2008- posted on Friday January 2, 2009 4:30 PM CST
Mr. Game & Watch Gets iPhoned- posted on Friday January 2, 2009 3:21 PM CST
Lenovo ThinkPad W700 Not the Only Dual-Display Laptop- posted on Friday January 2, 2009 3:15 PM CST
Totally Solar Car Being Developed by Toyota- posted on Friday January 2, 2009 3:08 PM CST
Google Android Ported to Asus Eee PC 1000H- posted on Friday January 2, 2009 2:56 PM CST
MP3 Player Plugs Right into Car's 12-Volt Jack- posted on Friday January 2, 2009 2:48 PM CST
Unlock iPhone 3G with Yellowsn0w: A Guide- posted on Thursday January 1, 2009 7:10 PM CST
T-Mobile Loves Nature with MOTO W233 Renew- posted on Thursday January 1, 2009 7:00 PM CST
Paid Apps Finally Coming to Android Market in Q1- posted on Thursday January 1, 2009 6:52 PM CST
How to Fix Your Broken Microsoft Zune 30GB- posted on Thursday January 1, 2009 6:45 PM CST
BlackBerry Gets Geeky with World of Warcraft Theme- posted on Thursday January 1, 2009 6:34 PM CST
Feature - 9 Mobile Tech Predictions for 2009- posted on Wednesday December 31, 2008 2:48 PM CST
Mac Tablet Is Big iPod Touch, to Launch Fall '09- posted on Wednesday December 31, 2008 1:55 PM CST
Old Zunes Are Inexplicably Dying Everywhere- posted on Wednesday December 31, 2008 1:38 PM CST
Ford Vehicles Learn to Parallel Park Themselves- posted on Wednesday December 31, 2008 1:30 PM CST
Apple iPhone Gets Outfitted with 3D Camera, 3D Display- posted on Wednesday December 31, 2008 1:23 PM CST
First Look: Microsoft Zune Touch- posted on Wednesday December 31, 2008 1:13 PM CST
CES to See OQO Model 02+ UMPC with OLED, Atom, Touch- posted on Tuesday December 30, 2008 4:38 PM CST
BlackBerry Storm Gets Hooked Up with YouTube Client- posted on Tuesday December 30, 2008 4:37 PM CST
|
|
|
|
XML Feed