Wednesday, November 28th 2012

AMD Plans to Sell and Lease-Back its Austin Campus

In an effort to raise cash in crunch-time, AMD plans to sell its Austin Texas campus (aka "Lone Star Campus") for around $150M to $200M. The company would then lease the campus back for 12 to 15 years. The 58-acre campus was built for at a cost of an estimated $270 million, and opened in 2008. Company spokesman Drew Prairie, in a statement to Reuters said "There are favorable economic conditions in the part of Austin where the campus is located," adding "Contingent on finding an investor who wants to do a multiyear lease-back, it's a good opportunity for us to unlock the value of the real estate to fund operations."

Sources: Reuters, The Verge
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33 Comments on AMD Plans to Sell and Lease-Back its Austin Campus

#1
drdeathx
by: de.das.dude
AMD is perfect for 80% of the people. only few people really require the performance of intel.

i had this friend who i was pressurising to buy a amd setup (he doesnt know english, and knows nothing about computers)

so he went to a fool, and they bought a i5 2600K. i was like wtf.
I do not think most of the forum followers get it. 2% of users are enthusiasts and very few build their own computer. This leaves the rest of the market to OEM builders, Apple and the server market. It then boils down to cost and performance. On Intel and AMD's side, it is about margin. So the 80% of people is just your theory which means nothing. On the server side, Intel owns AMD in performance and efficiency. It is pretty simple.
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#2
cyneater
by: drdeathx
I do not think most of the forum followers get it. 2% of users are enthusiasts and very few build their own computer. This leaves the rest of the market to OEM builders, Apple and the server market. It then boils down to cost and performance. On Intel and AMD's side, it is about margin. So the 80% of people is just your theory which means nothing. On the server side, Intel owns AMD in performance and efficiency. It is pretty simple.
So true.
I work with people who don't care as long as they can get on the internet.
And with the rise of tablets and smart phones less and less people are using PC's.
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#3
suraswami
Did AMD not build a factory or something in NY state? Or was it something else?
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#5
Goodman
Simple fix... Everyone that owns Intel share take their profits & invest them in AMD :):rolleyes:
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#6
HumanSmoke
by: Goodman
Simple fix... Everyone that owns Intel share take their profits & invest them in AMD :):rolleyes:


...or are you implying that everyone should give to the homeless?
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#8
HumanSmoke
by: Goodman
:slap:
It was a joke , did you miss my sarcastic smilies at the end?
Don't you people have any sense of humor anymore?
And of course you didn't notice that I played off your sarcasm with a sarcastic post of my own. Didn't think I'd need an emoticon to get that across.


/glad lemonadesoda didn't need a roadmap to find the humour
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