The following video is from Wednesday's MarketFoolery podcast in which host Chris Hill, along with analysts Austin Smith and Jason Moser, discuss the top business and investing stories.
Advanced Micro Devices has hired JPMorgan Chase to look at some possible options, one of which, it was rumored, included selling the company. But after AMD issued a statement denying that it was interested in selling, shares dropped this morning to a 21-year low. In this segment, the guys don't hold back in talking about what they truly think of this company, why the market wanted them to sell, and why some groups, such as Microsoft, may have reason to hope that AMD sticks around.
It may seem as if AMD is competing with Goliath in going up against Microsoft, but the titan of the computer chip has its own demons to slay. It's been a frustrating path for Microsoft investors, who've watched the company fail to capitalize on the incredible growth in mobile over the past decade. However, with the release of its own tablet, along with the widely anticipated Windows 8 operating system, the company is looking to make a splash in this booming market. In this brand-new premium report on Microsoft, our analyst explains that while the opportunity is huge, the challenges are many. He's also providing regular updates as key events occur, so make sure to claim a copy of this report now by clicking here.