Advanced Micro Devices (AMD) CEO Dirk Meyer today said the company is not for sale, but added that that the company is “happy to listen to any proposal which is in the interest to our shareholders.” According to Reuters, Meyer made the remark at an industry conference today in Barcelona.
The comment follows speculation that the company could be a target for Oracle (ORCL), after CEO Larry Ellison last month said the company is interested in buying chip companies.
AMD today is up 5 cents, or 0.7%, to $7.03.
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