Reuters
AMD said near deal to buy ATI
Friday July 21, 6:23 pm ET
PHILADELPHIA (Reuters) - Advanced Micro Devices Inc. (NYSE:AMD - News), the No. 2 supplier of computer processors, is close to a deal to buy graphics chip maker ATI Technologies Inc. (NASDAQ:ATYT - News; TSX:ATY.TO - News) for $5.5 billion, a source familiar with the situation said on Friday.