AMD Seeking Additional Financing

[HellasVagabond]

AMD shareholders have scheduled a meeting today in order to discuss the possibility of raising additional financing to maintain stable operations, as the company is going through a tough time.
AMD by selling a great part of its assets ( fabs in Germany ), has negatively influenced the company's debt holders thus the need for money is great. Main reason is that AMD is again to post a larger than expected loss and if they cant find a way to raise money fast they could be going out of business really soon.
This is truly a hard time for AMD , perhaps the hardest ever and all fans around the world can do is cross fingers and hope AMD makes it.

View at TechPowerUp Main Site

 

[tkpenalty]

Oh dear... Sue intel? Sue Dell? For making sure that the normal average joe doesnt know what amd is or making them think AMD is inferior?

Good luck amd...

 

[laszlo]

seems that we'll have intel monopoly sooner or later;feel bad for amd i like my sys but i'll be carefull with my future one;if they go out no more warranty?

 

[tkpenalty]

Actually... if intel decides to merger between AMD... its better for everyone...

 

[AphexDreamer]

Man, thats some bad news indeed. I am glad for buying my AMD products, it makes me feel as if I have given them support. I am not sure they will go out seeing as K10 is in the works and planed out already.

 

[HellasVagabond]

Still Monopoly....
AMD should never had bought ATI....Too much money wasted.....

 

[AphexDreamer]

Still Monopoly....
AMD should never had bought ATI....Too much money wasted.....

Why do you say money wasted? I think that was a good move, no?

 

[tkpenalty]

Look at the good side, if AMD get bought by intel, we will see processoors FAR more powerful. K8 are good at some things Core 2 are good at some things, once u put them together, you get one unstoppable (as if there is any competition).

Sorry if I offend anyone lol... Its good if there is a merger imho. AMDTIntel?

 

[mandelore]

NOOOOO!!!! id give em spare change i got lying around but that wouldnt help.

im no fan of intel, big monopoly etc, and they can afford to purposly hurt AMD when tbh they really dont need to.

and no tk, 1 company offering the goods is BAD. BAD BAD BAD, not technologically bad, but really bad for consumer costs

 

[AphexDreamer]

Sorry if I offend anyone lol... Its good if there is a merger imho. AMDTIntel?

Hmmm. The AtelMD lol, interesting concept their. Hey what ever saves AMD form going out is just fine with me.

 

[mandelore]

hmm, employ peeps to sabotage all the intel fabs, so one day they wake up to find their fabs churning out cream cakes and scones

 

[FreedomEclipse]

Actually... if intel decides to merger between AMD... its better for everyone...

if intel does decide to merge with AMD what would be the point????

the Only reason AMD & Intel exist is to try & out do each others efforts. these 2 brands have been forever competing with each other & if they did merge that would mark a really sad day in history as AMD giving in & selling on not to forget that ATi also comes with AMD so if Intel acquire AMD then they also acquire ATi & I doubt intel ever wanted ATi in the first place. Intel wanted Nvidia last time i heard. so if theres going to be any merging at all then it will be between Nvidia & Intel, & life will carry on as usual with 2 brands competing each for a bigger share of the market...

If there was no longer any AMD, Intel would own 99.99% of the market which would make intel lazy & thus they will slack on quality because theres no one to challenge them & make them fight for the market anymore because they own 99.99% of it. all they will do is sit their raking in tonnes of cash each day because they can.

forget customer service forget being the first to make & distribute new technology. Intel will realease a new CPU where & when they like because theres nobody there to keep them on their toes.

& after all that AMD has been through it would be a sad day in Pc history if they went under...

 

[tkpenalty]

dude we are being serious here. Thats ONE option, that will benifit us ALL. Not only will the Phenom be even more phenomenal (Phenomenal Bearlake ).

Intel has not deliberately "hurt" AMD... its those gay OEMs. If they do merge, think of this, they will have double the manpower and AMD+Intel? Obviously intel WONT just chuck AMD away; it doesnt work like that.

 

[von kain]

one thing for sure buynf ati was a dumb move for finacial acts as for the intel buy amd well yes but thing the price for those....



p.s. monopoly is bad for our pockets see apple if the os x was install and among others manufactures the price of a os x pc would be like an windows pc ............... about 500euros

 

[bigboi86]

If their processors aren't doing too well, at least they can fall back on GPU/chipset sales. I'd say buying ATI might be the best thing they've done.

 

[HellasVagabond]

I fail to see what AMD has benefited so far by the aquisition of ATI.....So yes to me it was a bad move now....In the future sure it may turn out to be one hell of a thing to do, IF theres a future.

 

[selway89]

Heres an idea... Why dont the sell off the ATi dept?

And gain some money back while we still have a fantastic craphics company.
Altho i think intel could learn a trick or two from AMD with its processors. Just think of a Core2Quad with a hypertransport and onboard memory controller.... SUPER quick!!!

Meh time will tell

 

[jydie]

All of the 20+ systems I have built included an AMD processor... and most of the video cards that I have used were from ATI. So, I really am pulling for AMD right now and I will continue to buy their products as long as possible.

 

[d44ve]

I am sure they will just split their stocks to try and raise the cash first

 

[HellasVagabond]

If they split their stocks its only an temp solution.

And if AMD teams up with Intel we will get a nice monopoly

 

[d44ve]

If they split their stocks its only an temp solution.

And if AMD teams up with Intel we will get a nice monopoly

Correct, thats the whole point of splitting their stocks....

They can raise the cash they need NOW and quickly. They would do that before they merged with intel. No one over there wants that.

 

[Cuzza]

I don't think they would ever let Intel buy AMD. And by 'they' I mean the government agencies that exist to 'rubberstamp' big mergers like that; dunno what they call it in the States but in NZ we have the Commerce Commission. Example: Qantas has been trying to buy out Air New Zealand for about 5 years, but the Commerce Commission keeps telling them to fuck off.

 

[WarEagleAU]

Dont see the fruits of them buying ATI? first of all, their GPUs were late, but are pretty damn powerful, all we lack is the XTX. Second of all, more chipsets though the first AMD one was aimed at the HTPC market. Thirdly, they can still pump out the GPUs and the CPUs.

Im sure they will get the cash they need someway. AMD is down but far from out, regardless of what the new story says..

 

[15th Warlock]

AMD should never had bought ATI....Too much money wasted.....

Couldn't agree more, before the merger, both companies were in perfectly fine financial health condition, now all I can see is AMD dragging Ati into financial oblivion... What was Ruiz thinking?

They should sell Ati now and at least get some cash out of it, the problem I see is that they'll never recover the money they invested.

 

[suraswami]

Couldn't agree more, before the merger, both companies were in perfectly fine financial health condition, now all I can see is AMD dragging Ati into financial oblivion... What was Ruiz thinking?

They should sell Ati now and at least get some cash out of it, the problem I see is that they'll never recover the money they invested.

Who will buy ATI? NVIDIA? Then that will also . Graphics monopoly

Always 2 companies competing is better for low price, innovation and good customer service

Fire all the damn incapable CEOs and CFOs. Put younger brains in those positions. New ideas and strategies will flow.