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Solve : AMD stock jumps. Except annoucement soon.? |
Answer» Today the AMD stock closed suddenly high at closing. This is fact. Why is the rumor. It is unlikely the sudden CLIMB is just a glitch. Somebody knows something. Calls in to sell-side folks have at this point turned up a couple of rumors. One is a persistent rumor that Intel (INTC) will buy AMD, which, according to one source who could not be quoted by name, might suddenly be possible because the field of computing is now being defined more broadly than just the PC, which means “there aren’t as many anti-trust isues,” perhaps.Frankly, I don't believe that. But others do. So what I think don't matter. Quote Intel Could Buy AMD as x86 Microprocessors Lose Share to ARM – Analysts.http://www.xbitlabs.com/news/cpu/display/20130501223936_Intel_Could_Buy_AMD_as_x86_Microprocessors_Lose_Share_to_ARM_Analysts.html Yes, that is rumor. But the jump in AMD stock is very REAL. Go figure. |
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