AMD Buys ATI Linked by Thom Holwerda on 2006-07-24 17:07:17 UTC, submitted by Michael BazaillionAs rumoured about for weeks now, with the strongest rumours appearing a few days ago, AMD has bought ATI. "AMD, the world's second-biggest semiconductor maker, agreed to buy ATI for USD 5.4 billion, adding computer-graphics chips to its product lineup. ATI shares surged. AMD Chief Executive Officer Hector Ruiz is making the biggest purchase in the company's history to help escalate his challenge to Intel, which dominates the market for semiconductors. "
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