Chip maker AMD is struggling financially at present, largely due to the $5.4 billion acquisition of ATI last year. The company had already reported a net loss of $611 million for the quarter ending March 31st, but it has now been forced to raise finance by offering Convertible Senior Notes to investors. These differ from stocks because AMD will have to pay back the money it has raised once its stocks hit a price of $42.12 (the current price is at $14) which is essentially plunging the firm further into debt. Analysts are now worried that AMD could run out of cash by the forth quarter of this year if it doesn't borrow more money, with an estimated figure of just $1.1 billion in the bank. Meanwhile, AMD's closest rival Intel is in it's strongest market position since 2005, with profits of $1.6 billion in the first quarter of 2007. AMD will be banking on the new Barcelona core and the R600 series of graphics cards to help it back onto its feet.