The Inquirer is reporting on a rumor that IBM might be considering buying AMD.

The result of this rumor was that AMD's stock price surged.  While I'm sure that this is welcome news for AMD, I really can't see it happening.

1. If IBM purchase AMD, they go head-to-head with Intel.  They've been down this road before and it didn't turn out well for them.
2. Anybody remember the mountain of debt that AMD is carrying?
3. AMD need AT LEAST a year to get back into the market in a serious way.  That means that anybody buying AMD has to be making a long-term play.
4. What does buying AMD actually get IBM?  Nothing they don't already have, so far as I can see.