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July 11th, 2005, 08:34 AM
#1
Registered User
VIDEO NEWS: (RUMOR) ATI is going to be bought?
Rumors are swirling that ATI has become a takeover target, with Broadcom, AMD, Intel, and Texas Instruments possibly being interested in snapping up the graphics chip giant:
A mini-rally in ATI Technologies Inc. shares has sparked speculation the computer graphics chip maker could be a takeover candidate. In a research report, Andrew Lee, an analyst with TD Securities, said the potential suitors include Broadcom Corp., Advanced Micro Devices Inc., Intel Corp. and Texas Instruments Inc. Mr. Lee said takeover rumours surfaced last month after ATI issued its third-quarter results and provided "weak" fourth-quarter guidance.
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