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My favorite chip maker bought my favorite graphics card company. In AMD has to buy ATI to survive, The Inquirer explains the strategic context of AMD's acquisition of ATI and argues it's all for the best:

The net effect is good for ATI, good for AMD, and good for everyone else, including all the current AMD partners. For all the analysts, deep breaths, think of your happy place. This is not bad, not bad at all, in fact it is very good. Breathe.