AMD Projects Impairment Charge Due to Weak Graphics, Multimedia Business Performance

IvanV · Dec 13, 2007, 06:12 AM

Just one day ahead of its meeting with financial analysts Advanced Micro Devices said that the value it paid for graphics and multimedia chip designer ATI Technologies last year was too high and the actual revenues the company gets and will be able to obtain from its graphics and multimedia businesses are below expectations.

More at X-bit Labs.

Dyre Straits · Dec 13, 2007, 06:20 AM

Which, being interpreted means: AMD shouldn't have bought ATI. Which is what I've said all along. I've not been very particularly pleased with ATI's performance, either, since this buyout/merger.

But, I'm still sticking with ATI cards at least for the foreseeable future. (Which really doesn't exist past tomorrow.

)

**Vikingod** · Dec 13, 2007, 08:55 AM

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