One of the hot rumours floating around this week is that Applied Materials will acquire AMD. According to The Inq this rumour has more depth than the usual ones:
Both AMD and AMAT have denied it vigorously with a confused 'no comment', but we were not expecting anything more. The tie-up makes a bit of sense, and if true, and it is only a rumour right now, it may portend a falling out between AMAT and Intel.
Applied Materials is world's largest supplier of products and services to the semiconductor industry. This company has its headquarters in Santa Clara, California, just like Intel.