News Focus
News Focus
Followers 4
Posts 377
Boards Moderated 0
Alias Born 07/07/2002

Re: Elmer Phud post# 3357

Thursday, 01/09/2003 7:27:35 AM

Thursday, January 09, 2003 7:27:35 AM

Post# of 152223
Could this be the first step towards IBM buying AMD?

I doubt it, IBM's strategy seems to be going away from proprietary manufacturing and towards services (they just announced they are out sourcing their PC manufacturing). AMD could be had for a mere $2.3B (plus a premium), but it certainly wouldn't be accretive to earnings. It wouldn't surprise me to see IBM take a minority stake in AMD, probably diluting existing shareholders.

From a marketing perspective, IBM buying AMD could make sense. The IBM brand might command close to the same microprocessor premium as the Intel brand.

John

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent INTC News