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AMD comes in at one quarter of ATI's previous worth

AMD is now worth 27.32% of what it paid for ATI Technologies nine years ago with Intel worth 92 times more and NVIDIA seven times more
By: Chris Smith | Business, Financial & Legal News | Posted: Jul 20, 2015 3:34 pm

Back when AMD acquired ATI Technology for $5.6 billion, there was a buzz around the technology scene with many questions to answer. Exactly where AMD would take this venture was the biggest one and it seems that down is the current unfortunate answer. As AMD is now posts a market capitalization worth just $1.53 billion as seen on techPowerUp and Google Finance, many are wondering about a shaky AMD future.

 

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Comparing this to Intel's $140.0 billion worth sitting at 92 times over that of AMD, NVIDIA has also chimed in boasting a seven-times greater sum of $10.7 billion alone.

 

As seen in recent reports, AMD has labelled lower than expected sales of APUs as to blame for most of its current financial issues, expecting an approximate 6 percent rise in sales over Q3, 2015.

 

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NEWS SOURCES:Techpowerup.com, Google.com

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