Featured Articles

Intel releases tiny 3G cell modem

Intel releases tiny 3G cell modem

Intel has released a 3G cellular modem with an integrated power amplifier that fits into a 300 mm2 footprint, claiming it…

More...
Braswell 14nm Atom slips to Q2 15

Braswell 14nm Atom slips to Q2 15

It's not all rosy in the house of Intel. It seems that upcoming Atom out-of-order cores might be giving this semiconductor…

More...
TSMC 16nm wafers coming in Q1 2015

TSMC 16nm wafers coming in Q1 2015

TSMC will start producing 16nm wafers in the first quarter of 2015. Sometime in the second quarter production should ramp up…

More...
Skylake-S LGA is 35W to 95W TDP part

Skylake-S LGA is 35W to 95W TDP part

Skylake-S is the ‘tock’ of the Haswell architecture and despite being delayed from the original plan, this desktop part is scheduled…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 09 September 2009 13:29

AMD shares soar after ATIC's bid for Chartered

Written by Fudzilla staff

Image

14.6 percent in a single day of trading

AMD's
shares have leaped 15 percent following ATIC's Labour Day weekend announcement its bid for Chartered Semiconductor.

Abu Dhabi-based ATIC is AMD's partner in Globalfoundries, and it has a significant share in AMD as well. The Chartered deal would give Globalfoundries access to several major clients, including Texas Instruments, Marvell and Broadcom.

Globalfoundries has spent the past months seeking non-AMD clients, and in late July it announced that it has reached a manufacturing deal with STMicro. Getting Chartered's clients and contacts might go a long way to expanding Globalfoundries' list of clients, providing the newly formed company with more development options and stability in the long term.

AMD's shares closed on $5.15 in Tuesday's trading at the NYSE, nearly reaching pre-recession levels.

Fudzilla staff

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments