AMD says it’s going to take a write-down thanks to its pricey $5.6 billion takeover of Canadian chipmaker ATI Graphics Inc. a year ago. According to an Associated Press story, the combined company has already lost US$1.6 billion since September. The sound of AMD CEO Hector Ruiz’s credibility with investors going down the toilet may be slightly drowned out by the sound of former ATI chief K.Y. Ho continuing to laugh all the way to the bank.
Array
AMD’s just lucky the Canadian dollar wasn’t higher back then
Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.
Jim Love, Chief Content Officer, IT World Canada
We'd love to hear your opinion about this or any other story you read in our publication.
Jim Love, Chief Content Officer, IT World Canada
Featured Download
IT World Canada in your inbox
Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.
