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ATI's Stock Rises After XBox Chip Rumor | |
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| Time: 09:41 EST/14:41 GMT | News Source: E-Mail | Posted By: Brian Kvalheim | ||
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The internet rumor that Microsoft is dropping Nvidia in favor of ATI for the graphic chip supplier of their next-generation XBox helped ATI's stock rise 64 cents, or 7.7 percent, to $8.55 on Nasdaq on Friday. Nvidia's stock, however, dropped to $1.79, or 7 percent, at $23.68 on Nasdaq. Neither Nvidia, Microsoft, or ATI commented, but analysts believe this report, rumored on gaming sites over, as a rumor. | ||
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