AMD's stock shot up more than 9 percent in Wednesday trading, which appeared to be due to market rumors that suggested AMD could be on the auction block.
Patrick Wang, an analyst with Evercore Partners said that Qualcomm and Samsung have been mentioned as possible buyers, but there was no substance to those rumors.
However, Wang noted that there may have been "a lot of short covering as volumes shot up in the afternoon" and that it was "unlikely" that AMD would receive an offer. AMD's stock ended the day at $4.40, up 9.45 percent or $0.38 from $4.02 on Tuesday. The stock increased another $0.05 or 1.14 percent in after hour trading. The gains added about $280 million to AMD's market cap, which now stands at about $3.1 billion.
An AMD takeover is one of those stories that just won't go away. Last year, there was speculation that Dell may be interested in buying AMD.
which sadly has been a major source of butthurt in AMD's business for quite a while now.
Considering how much software is wrtten for the x86 world , yes.
which sadly has been a major source of butthurt in AMD's business for quite a while now.
The fab problems are why AMD divested from Global Foundries and partnered with TSMC instead for all their new chips.
Hopefully AMD is on track to have all 4 cylinders firing at the same time since 2006
As for the license... transferable or not; that should be a minor point
to be worked out between Intel and Samsung if needed.
It may even get Samsung a better deal.
AMD is not 'divested' from Global Foundries.
TSMC fabrication allows bulk silicon for the SoC 'Brazos' chips, and it would not be surprising if Kaveri 28nm APUs using SOI wafers would be available from them, too.
Considering how much software is wrtten for the x86 world , yes.
Yea Samsung buying AMD might be the things to happen to amd as long as they stay loyal to the amd fan base. Tho I hope it never happens, it would be kinda funny if Intel bought AMD and competed with it self.
"An AMD takeover is one of those stories that just won't go away. Last year, there was speculation that Dell may be interested in buying AMD." I hope DELL doesn't buy AMD, we don't need AMD any worse than it is, pulse we don't dell forcing people to buy a their junk computer's just to get a AMD processor or ATI graphics.
Yes they are divested. AMD no longer owns any stake in Global Foundries. They sold the last of it in March of this year