The Inquirer is reporting on a rumor that IBM might be considering buying AMD.
The result of this rumor was that AMD's stock price surged. While I'm sure that this is welcome news for AMD, I really can't see it happening.
- If IBM purchase AMD, they go head-to-head with Intel. They've been down this road before and it didn't turn out well for them.
- Anybody remember the mountain of debt that AMD is carrying?
- AMD need AT LEAST a year to get back into the market in a serious way. That means that anybody buying AMD has to be making a long-term play.
- What does buying AMD actually get IBM? Nothing they don't already have, so far as I can see.
Now, I'm no guru, and I've been known to be way wrong before, so why don't you tell me what you think?