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AMD takes an ATI charge
Fonte: http://www.theinquirer.net/gb/inquirer/news/2007/12/12/amd-takes-ati-charge
AMD SAID IT it will take a "goodwill impairment charge" over its acquisition of ATI Technologies.
The chip maker revealed the decision, to take charge, taken December 6th, in a SEC filing yesterday.
The firm said it, "concluded that the current carrying value of its goodwill which the Company had recorded as a result of its October 2006 acquisition of ATI Technologies Inc. was impaired."
Which essentially means AMD thinks it won't make as much money as it thought it might have done when it waded in to buy up the Canadian graphics and chipset specialist in the first place.
This conclusion, it said, "was reached based on the results of an updated long-term financial outlook for the businesses of the former ATI Technologies Inc."
AMD said it didn't yet have much as clue as how how much the charge might amount to.
The firm is due to go cap in hand to see Wall Street analysts tomorrow
Fonte: http://www.theinquirer.net/gb/inquirer/news/2007/12/12/amd-takes-ati-charge