Turns out the whole thing was just some analyist posting "Woul'dt be cool iff..." and suddenly there was a barrage of news stories on the net saying that AMD was aquring ATI.
Well those rumors are back and they are true! Maybe...
Reuters has the story
A "source" of some kind? Who knows, Monday we may be in for a suprise.Xenu, Overlord of all wrote: PHILADELPHIA, July 21 (Reuters) - Advanced Micro Devices Inc. (AMD.N: Quote, Profile, Research), the No. 2 supplier of computer processors, is close to a deal to buy graphics chip maker ATI Technologies Inc. (ATYT.O: Quote, Profile, Research) (ATY.TO: Quote, Profile, Research) for $5.5 billion, a source familiar with the situation said on Friday.
Any such deal would shake up the processor industry, which is witnessing a battle over market share between AMD and larger rival Intel Corp. (INTC.O: Quote, Profile, Research).
ATI is one of two major graphics chips makers, along with rival Nvidia Corp. (NVDA.O: Quote, Profile, Research), and is a big supplier of chipsets -- the cluster of secondary chips and interfaces that surround a computer's processor -- to both AMD and Intel.
Unless talks break down, a deal could be announced as early as Monday, the source said.
ATI declined to comment, and an AMD spokesman could not be immediately reached for comment.