AMD will buy ATI for $ 5.5 billion
It is expected that today, the world's second-largest computer processor supplier, AMD, will announce an agreement to buy graphics chip maker ATI Technologies Inc. for $ 5.5 billion.
The combination is expected to contribute to boosting the current chip industry by witnessing a close chase on the market share between AMD and its "rival" rival - Intel. That's not to mention Nvidia Corp., a fairly heavy competitor in this war.
In fact, rumors of AMD's acquisition of ATI have been available since May last year, but industry analysts are skeptical of this possibility because of AMD's strategic vision and financial capabilities. ATI acquisition is unclear. ATI is known to be a large-scale chipset provider for AMD and Intel products.
Analysts also said that it is possible that the price AMD has to buy ATI does not stop at 5.5 billion USD. It is also known that AMD plans to spend about $ 5 billion on production lines over the next few years. The company is also facing Intel, a very strong competitor in the chip manufacturing market.
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