NVIDIA CEO happy with AMD-ATI merger

Posted on Friday, July 28 2006 @ 4:12 CEST by Thomas De Maesschalck
NVIDIA's CEO Jen-Hsun Huang said he's very happy with AMD's acquisition of ATI:
On hearing the news that AMD is gobbling up ATI, NVIDIA's CEO said that it's great news for his own company. "I thought it was just impossible to get a gift like this," said Jen-Hsun Huang. "ATI is basically throwing in the towel, leaving us as the only stand-alone (graphics chip) company in the world."

The article speculates that Mr. Huang is expecting the merger process to hurt both of the constituent companies, putting a crimp in ATI's ability to churn out new and improved graphics chips in a timely manner. The value of being the last independent graphics specialist standing may be questionable, however. Once you've polished and framed the medal for outstanding endurance, you still have to contend with competition that has gained significant financial backing, as well as greater access to AMD's patent portfolio and intellectual assets. Read more at ARS Technica.

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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