3.55 billion? Thats it!
Intel has a 106 billion market cap. and even nvidia has double what amd has.
So why is that? Amd seems to have very competitive prices and hardware so whats up AMD?
AMD has no marketing because they have no money, and doesn't make more money because they have no marketing. It's a catch-22, even when they had vastly superior hardware in the Athlon 64 days, they had a fraction of the market cap of Intel. Right now, they have competitive product up to the $200 range, superior performance *and* value in GPUs, and highly competitive chipsets as well, but they don't have the marketing, and their products aren't dominant by any means. They spent a fortune aquireing ATi, which would have been a good mood if Intel didn't release the Core 2 series right afterwords, and of course they put research into monolithic quad-cores at least one die shrink to early. I would by no means would call AMD badly managed, hindsight is 20-20, but a couple of bad turns put them on the verge of bankruptcy. To be completely honest, it's absolutely amazing that AMD still exists, let alone can produce competitive product, let alone produced revolutionary product a few years ago. It's just that hard competing against a company as massive as Intel.
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Reply to smithereen
Amd seems to have very competitive prices and hardware so whats up AMD?
It's precisely because of those 'competitive prices' that AMD are losing money every quarter; they have to slash prices to compete with Intel and that means they make a loss.
Fortunately their new chips look to be a more interesting proposition at least at the mid-low end of the market, so maybe they can make some money there.
Because AMD went broke buying ATI and has yet to pay that off because of poor computer market the last couple years. Thats why they spun off their fab business, now they are trying to make ends meet.
It's really amazing given their lack of capitol and engineering resources that they can be competitive at all.
3.55 billion? Thats it!
Intel has a 106 billion market cap. and even nvidia has double what amd has.
So why is that? Amd seems to have very competitive prices and hardware so whats up AMD?
Blame Hector... ah hell blame Bush and Cheney as well.
AMD also owes $1.5B in senior notes due in 2011 I believe, and even more than that in 2014. So the ATI purchase put them in hock up to their eyeballs.
If they cannot pay back the notes or get new financing, they will be toast.
LoL its America you can be a complete tard and run a company into the ground and go "hey Uncle Sam" and Uncle Sam will cut you into the TARP. Don’t worries AMD can’t go anywhere they are too big to fail.
On a serious note though they spun off their Fabs that means they technically can go into bankruptcy protection restructure shed the debt and try again without serious implications to their CPU productions.