Like the tides, the AMD buyout rumor returned yesterday, this time with Dell as the alleged buyer. And yet again, the stock market dutifully responded by moving share prices around as the speculators who started and stoked the rumor no doubt took their gains. There are so many problems with this rumor whenever it arises, but the two main issues are (a) it's hard to see a good rationale for any other tech player to buy AMD, and (b) Intel wants to make sure that AMD stays independent and viable (although not too viable).
What sparked the buyout rumors this time was a train of high-level executive exits at AMD, starting with CEO Dirk Meyer's departure last month. COO Robert Rivet and SVP of Corporate Strategy Marty Seyer announced last week that they'd be following Meyer out the door, prompting speculation about what, exactly, is going on at the chipmaker. A string of high-profile exits is always a bad sign, but it doesn't have to mean that it's sale time.
Read the comments on this post
Georgina Grenville Michelle Trachtenberg Amanda Bynes Ana Ivanovi Jessica Cauffiel
No comments:
Post a Comment