About a decade ago AMD paid to acquire ATI Technology for around $5.60 billion. At AMD’s current stock price their market capitalization is set at $1.53 billion. This is just about a quarter of what AMD paid to acquire ATI.
AMD states that issues affecting the company are a decline in PC sales and stiff competition. But in contrast Intel recently released their earnings, which show positive growth. So this really disproves AMD’s excuse that the market is to blame for bad performance. Also take into the fact that in 10 years Intel is worth $140.8 billion (92 times more) and NVIDIA is worth $10.7 billion (7 times more). We are not sure what it will take for AMD to get back on track
Source: TechPowerUp! | News Archive