The point is your argument is pure bs. All of AMDs "innovations" were the direct result of IP acquisitions. But, that doesn't help your argument, so continue to ignore that.
The BS is to not consider the context..
AMD is a company designing only CPUs and they bought
a GFX company with their IP , for sure , but it s not like
buying a company that do the same products as yours ,
actualy Nvidia needed to buy graphics related IP , as
if AMD would buy a CPU company to improve their designs.
In that respect AMD , or ATI if you prefer , has been way
more innovative than Nvidia who , as pointed by a member ,
acquired SLI thanks to 3DFx in a buy out whose conditions
and legality are to this day still questionned in courts....