Wednesday, May 31, 2006

ATI Tech (ATYT) Pours Cold Water on AMD Hookup Rumor - The Globe and Mail

According to a report from The Globe and Mail, ATI Technologies Inc. (Nasdaq: ATYT) poured cold water on rumors AMD (NYSE: AMD) could be interested in buying the company. According to the report, ATI's spokesman, Chris Evenden, said, "There's been speculation like this for at least a decade and nothing has changed ... It was only last week there was a rumor that Intel (Nasdaq: INTC) was interested."

Today's ATYT/AMD rumors were sparked by comments in a research report from RBC Capital analyst Apjit Walia, who suggested the two could hookup.


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