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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 215.30-2.1%1:55 PM EST

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From: Elmer Phud3/17/2016 9:31:12 AM
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09:23 AM EDT, 03/17/2016 (MT Newswires) -- Advanced Micro Devices (AMD) is in talks to license graphics technology to Intel, according to Bloomberg, although it is possible a deal may not be struck.

In a statement, an AMD spokesman told Bloomberg, "While we aren't commenting on any specifics of our ongoing IP monetization strategy at this time, we are actively pursing strategic relationships intended to bring our differentiated IP to market in ways that complement our own product plans and expand the install base for AMD technologies."

Price: 2.79, Change: +0.16, Percent Change: +6.08

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