AMD refuses to comment on rumors of Intel license deal

Posted on Wednesday, May 17 2017 @ 0:35 CEST by Thomas De Maesschalck

Earlier today AMD shares rose on rumors about a graphics license deal with Intel.

A Bloomberg reporter asked AMD if there's any truth to this but got no clear answer:

A spokesperson for AMD (AMD) told Bloomberg that it has not made an announcement and does not comment on "rumors" after tech blog Fudzilla said earlier that it can confirm that Intel (INTC) has agreed to license AMD's graphics.

About the Author

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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