Applied Materials rumoured to want to buy AMD

ONE OF THE HOT rumours floating around is over the sale of AMD. No, not the PE one from last week. This one has Applied Materials (AMAT) buying the firm out. Now, wouldn't that be interesting?

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 snese, and if true, and it is only a rumour right now, it may portend a falling out between AMAT and Intel.

Keep an eye on both companies in the coming weeks, this one has more depth than the usual ones. µ