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ATI snares Xbox contract

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ATI snares Xbox contract

ATI Technologies Inc. says it has signed a agreement to develop graphic technologies for Microsoft Corp.’s future Xbox game console, taking key business away from rival Nvidia Corp. “In pre-market trading, ATI shares rose 5.7 per cent, according to Island.com. Nvidia, which is Microsoft’s current Xbox graphics chip supplier, saw its shares fall 5 per cent at around 8:18 a.m. EDT.”

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