AMD Moves to Mobile Device Chips and Potential Alliance with ARM Holdings

Microprocessor manufacturer Advanced Micro Devices (NYSE:AMD) is poised for a product expansion. The company held a financial analyst meeting last week and announced plans to include integrated technologies utilizing third-party intellectual property. AMD stopped just short of naming ARM Holdings (NASDAQ:ARMH), a specialist in semiconductor intellectual-property, as the main third party, but the announcement naturally bolstered rumors that that was the case.
Integration of ARM’s technology is seen as a necessary step for AMD, which is beginning to climb out of a 2011 slump, and the collaboration may allow AMD to move out from behind Intel’s formidable shadow.

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