Intel (INTC) Takes Shot at AMD (AMD), Says 'Wasn't Impressed' with SeaMicro
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Intel (Nasdaq: INTC) has fired a few shots at Advanced Micro (NYSE: AMD), according to headlines out late Tuesday.
According to Bloomberg, Intel said it declined the chance to acquire SeaMicro before AMD made a move on the company last week, saying it "wasn't impressed" with SeaMicro's technology. The comment was made by Intel's data-center chip lead Diane Bryant at a server chip release event Tuesday.
On February 29th, AMD affirmed it would acquire SeaMicro for $344 million. Ahead of that deal, SeaMicro CEO Andrew Feldman said his company "received multiple offers" before deciding to sell to AMD.
Amid the chatter, AMD is indicated higher Wednesday, while Intel shares are about flat.
According to Bloomberg, Intel said it declined the chance to acquire SeaMicro before AMD made a move on the company last week, saying it "wasn't impressed" with SeaMicro's technology. The comment was made by Intel's data-center chip lead Diane Bryant at a server chip release event Tuesday.
On February 29th, AMD affirmed it would acquire SeaMicro for $344 million. Ahead of that deal, SeaMicro CEO Andrew Feldman said his company "received multiple offers" before deciding to sell to AMD.
Amid the chatter, AMD is indicated higher Wednesday, while Intel shares are about flat.
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