AMD Worth Less than it Paid for ATI

More bad news for AMD I'm afraid, this time it's in terms of company value. AMD's share price dropped to its lowest for more than four years last week, leaving the company with a total value of $5 billion US - that's $400 million less than it paid for ATI a year and a half ago. To put things into perspective, AMD's main rival Intel is worth $162 billion, which is more than 32 times more than AMD. Meanwhile, graphics card competitor NVIDIA is worth almost four times as much as AMD with a company value of $19 billion. These are tough times for AMD, and it will be hoping its Phenom processors and its HD 3000 series of graphics cards can get it out of trouble, although the former has not been particularly well received so far.