AMD Faces Possible Buyout by Private Equity Group
@ 2007/02/16AMD to be bought out?
"Advanced Micro Devices, one of the world’s Top 10 suppliers of semiconductors who sells microprocessors, graphics processors, chipsets and chips for various consumer electronics, may be acquired by a private equity group, according to a market rumour. The current position of AMD is pretty hard: its microprocessors are facing tough competition by Intel Corp., while its graphics chip group struggles to release its new product.
"Advanced Micro Devices, one of the world’s Top 10 suppliers of semiconductors who sells microprocessors, graphics processors, chipsets and chips for various consumer electronics, may be acquired by a private equity group, according to a market rumour. The current position of AMD is pretty hard: its microprocessors are facing tough competition by Intel Corp., while its graphics chip group struggles to release its new product.