AMD stock jumps 14% on Intel buy rumor

[Phynaz]

Calls in to sell-side folks have at this point turned up a couple of rumors. One is a persistent rumor that Intel (INTC) will buy AMD, which, according to one source who could not be quoted by name, might suddenly be possible because the field of computing is now being defined more broadly than just the PC, which means “there aren’t as many anti-trust isues,” perhaps.

http://blogs.barrons.com/techtraderdaily/2013/05/01/amd-spikes-13-on-heavy-volume/?mod=yahoobarrons

http://www.marketwatch.com/story/apple-leads-techs-down-facebook-yelp-slip-2013-05-01?siteid=yhoof2

Edit: Oops, dupe. Lock requested.

 

[386user]

i think apple would be in the running as well...

this sounds like a strategic opportunity to spend some of that 100 billion in cash