Mubadala Provides AMD With Financial Room to Breathe
An analyst pointed out that this move could mean that Mubadala would bail out AMD, if it had to.
“If you have a lender of last resort like that, what’s the potential of you not having options?” said Cody Acree, an analyst at Williams Financial Group, in an interview with Bloomberg.
AMD is making adjustments to its business to sail through the current economic storm. The company refinanced a $485 million debt payment that was due in Q3; AMD announced that it would sell its Austin company campus for about $150 to $200 million, presumably to cover a $225 million payment that is due to be paid to Globalfoundries in Q1 2013; and a 15 percent cut of its workforce should positively influence its balance sheet further.
For the fourth quarter of 2012, AMD said it expects revenue to decrease by 9 percent sequentially.
AMD should get a clue about the management issue if they want good market share and higher profitability.
They have to rise back up, they just have to for the sake of the rest of us.
If one of every single enthusiast or general PC user spent $100 on one of AMD's CPU's, they would be out of trouble faster than you can say that really long word from Merry Poppins.
AMD should get a clue about the management issue if they want good market share and higher profitability.
They have to rise back up, they just have to for the sake of the rest of us.
If one of every single enthusiast or general PC user spent $100 on one of AMD's CPU's, they would be out of trouble faster than you can say that really long word from Merry Poppins.
superfragilisticexpialidocious
Overhead has to be reduced.
1. It lost trust in it's own employees.
2. It engaged in a losing price war against Intel, who had better fab plants on their side.
3. It failed to expand into new profitable markets. AMD APU was a good idea, but not good enough.
A little bit premature to use "fail" in the past tense seeing as how they're still around. Yes, they have been experiencing a rough time, and probably have been hit harder than most other similar companies due in large part to not living up to expectations of them with Bulldozer. But their APU line is doing alright, and their GPUs are in demand. Furthermore they do apparently have potentially very big contracts with Sony and MSFT for the next gen consoles. And if the FX-8350 is any indication, they are heading the right direction with the new Piledriver, and possibly the subsequent Steamroller, CPU cores. They will be fine so long as they have a means to weather the storm. That is what this article is about - someone offering them a rope to tie the sails back so they don't get ripped in the storm. Without money, they'll have to star cutting R&D, and when they do that, they're as good as ripping a hole in the bottom of their boat - they may last a little longer, but they will sink in the not too distant future.
My feelings exactly.
but for our own good they better make it, or its monopoly time.
i got my little brother a 6870(cheap), to help out a bit
This is the inevitable failure of CISC vs. RISC. CISC relies on compilers to take code and find a way to fit it into instructions. Unfortunately, that's a losing proposition once you get into these giant 256 and 512 bit instructions, the compiler always finds itself trying to fit a square peg into a round hole. The FMA stuff can be accelerated to probably 1024 bit and beyond with FP math like convolution, FFT, FIR filtering and so on, but that stuff is never going to be more than 10% of any application, so you're investing huge amounts of effort into perhaps a 5% speedup of a select few apps.
I think that there's a "calla" in there somewhere.
CISC versus RISC isn't really that important. CISC CPUs are already mostly RISC CPUs that convert CISC instructions into RISC instructions for backwards compatibility.
If they go under, then the shares may be worthless. If AMD goes under, a CPU from AMD is still worth something and useful for something.