Bright Side of News heard rumors that AMD is interested in buying MIPS:
Ever since AMD came into microprocessor scene as the second source for IBM, the company was tied to Intel's X86 architecture. According to sources, AMD is one of bidders for MIPS Technology, a company that's been producing its own CPU architectures (both 32- and 64-bit) for over three decades now. Last Thursday, Bloomberg revealed that "MIPS hired Goldman Sachs to pursue a potential sale." We view this as a strategic leak for the final stage of acquisition negotiations, not the initial one.
As a consequence, MIPS stock continued its stronge surge and it looks like the acquisition strategy might pay off. After all, if Facebook bought Instagram, a 13 people company without strong IP, how much value holds a sub-150 people company with over 500 patents and employing some of brightest minds in the industry? Remember, MIPS has a chip that runs Android 4.0 ICS and consumes LESS power than competing ARM parts. Furthermore, that chip is built in old 65nm process versus power saving 40nm and 28nm competitors.