Headlines - AMD to take a further $880 million impairment charge from ATI acquisition

[HEXUS]

In a filing with the SEC, AMD announced that it is taking impairment charges from the handheld and DTV units of ATI.

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[drunkenmaster]

It is a huge drop, however it was artificially(somewhat) raised from around the $5.50 price 2-3 months ago in the first place so itsn't quite as big a drop, though down a long way from last year. Nvidia have pretty much been in steady decline since last Oct or so when IIRC it was at near the $40 mark, dropped till a month ago at $22ish and has gone from $22 to $12 in the last week or so.

Everyones gone down it seems since Sept/Oct of last year quite significantly.