Intel comes to the fore to deny that they have made a graphics agreement with AMD, as a few days ago I came to the fore as a fact, not as a rumor.

It was nice while it lasted. A few days ago we echoed that Intel would have paid a graphics license to AMD, which will allow Intel to continue working and integrating graphics into its processors. We echoed the information, from the 'correct' point of view, as many talked about Intel integrating AMD graphics into its processors and we explained the reasons for the agreement, based on the data we had at that time. This rumor was born from a possible expiration of the agreement between NVIDIA and Intel and the latter going to work with AMD.

Intel has told the outlet Barron Terman Ray that "recent rumors that Intel has licensed graphics technology from AMD are false." Investors and speculators quickly jumped to buy shares in the processor and graphics company, at the original rumor. After the rumor appeared that the two companies had reached an agreement, AMD shares quickly rose about 12%, even the day before Financial Analyst Day the figure was high. Logically, Intel has denied this story and the AMD bubble has burst, its price falling again, even to pre-flood values.

AMD could have denied the deal, but has chosen not to say anything. The company can say that it has been smart and has taken advantage of the trend and not commenting on the growing buzz. This has allowed the red company to see its shares grow significantly. The waters after this announcement return to their course and AMD has taken advantage of the situation to become a little Swedish, as it was not going with them, making it clear that the strategy at that time was to present the positive products that they want to do with the market.

Source: techpowerup