Intel Denies AMD Graphics Deal

/ 1 year ago

Intel Denies AMD Graphics Deal

Intel has denied that it has licenced AMD’s graphics technology, contradicting recent reports that the two companies had struck a new deal. Fudzilla reported that Intel, following the end of its agreement with NVIDIA, had made AMD its new graphics partner. However, Intel has told financial news outlet Barron’s that the story is “untrue.”

Intel Speaks to Barron’s

Barron’s Tiernan Ray reports:

“In a statement sent to Tech Trader Daily by an Intel spokesperson, the company said “The recent rumors that Intel has licensed AMD’s graphics technology are untrue”.”

Though Intel denied that a deal with AMD had been agreed, it did not deny that such a deal could be agreed. Ray writes:

“I asked Intel if the company has any further detail on whether it has definitely decided not to license technology from AMD. The company said no further detail would be provided.”

Did AMD Play The Rumour to Boost its Stock?

On the back of the Intel story, which broke on 15th May, AMD’s stock price rose by 11.7%. AMD made no statement – neither confirming or denying – about its rumoured Intel deal at its investors meeting yesterday. Did AMD deliberately keep quiet so as to not impact its rising stock? Barron’s reports:

“When AMD failed to disclose any such deal yesterday, during its annual analyst meeting to discuss its technology and financial outlook, the AMD stock was punished Wednesday.”

Following Intel’s denial of the deal, though, AMD’s stock fell to the same level it was at before the rumour:

“AMD shares today closed down $1.55, over 12%, at $11.20, reversing a 12% climb yesterday on the Fudzilla rumor.”

Intel Denies AMD Graphics Deal

If AMD did keep quiet about its reported Intel deal to inflate its stock price, its gain was distinctly short-term.

Topics: ,


By supporting eTeknix, you help us grow. And continue to bring you the latest news, reviews, and competitions. Follow us on Facebook and Twitter to keep up with the latest technology. Share your favourite articles, chat with the team and more. Also check out eTeknix YouTube, where you'll find our latest video reviews, event coverage and features in 4K!
eTeknix FacebookeTeknix TwittereTeknix Instagram

Check out our Latest Video


One Response to “Intel Denies AMD Graphics Deal”
  1. CPUsAreHistory says:

    AMD does not need Intel licensing and should not give Intel one, since AMD has high-end CPU, GPU, and APUs, while Intel lacks all high-end GPU technology and only has laptops basic gpus.

    Intel seems to be marketing like if AMD needs Intel to license their products, when in reality Intel is failing miserably by not having high-end GPU technology.

    Maybe it is a way Intel has to hide the huge catastrophic fact that Intel does not have high-end GPU technology since their original high-end Larrabee project failed miserably and had to go to NVIDIA for licensing their GPUs..

    NVIDIA now went with IBM and dissed Intel, which now Intel does not have a positive outlook because Intel CPU architecture is old and can’t be optimized anymore..

    Newer technologies like VR, Artificial Intelligence, computing, augmented reality, etc.. all need hardware derived from high-end GPU technology, but Intel does not have one.

    AMD, Samsung, Apple, Qualcom, etc.. all of them have native HSA CPU/GPU technologies, while Intel doesn’t have any..

    Intel profits will begin to dwindle over the next couple of years and AMD is going to rip out the profits from Intel starting this year..

    AMD seems like the new Intel and even more because AMD has three huge key new high-end technologies/architectures: CPUs, GPUs, and APUs.. in servers, desktops, laptops, embedded, AI, computing, gaming, graphics.. while Intel is just old CPUs technology.. and most of their new hardware innovations have failed miserably..

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!

Optimized with PageSpeed Ninja