Mubadala Provides AMD With Financial Room to Breathe

[JonnyDough]

[citation][nom]digiex[/nom]Better lender than the Chinese.[/citation]

Either way AMD is now majority foreign owned. Ahh, the good old days when American Micro Devices was actually American.

 

[blazorthon]

[citation][nom]JonnyDough[/nom]Either way AMD is now majority foreign owned. Ahh, the good old days when American Micro Devices was actually American.[/citation]

Last I checked, it's Advanced Micro Devices.

 

[deepblue08]

AMD can never really die, if it gets close to bankruptcy someone will buy their assets and possibly continue making microchips, would hate to lose the good old green logo though

 

[cats_Paw]

Shit, i didnt realize it was that bad.
I thought with their acquisition of ATI they were making money of the GPUs...

 

[Guest]

If AMD can't land BOTH next-gen consoles, expect it to stop desktop chip production entirely. Word 2 tha wize...

 

[Reynod]

I see a palliative care strategy being rolled out ... Dirk might have at least executed the fusion APU properly.

Read seems to be running the business as well as Joyce is running Qantas ... another company dying.

I wonder if either of them are going to make money out of riding the starving horse into the desert??

Look at who stands to gain ...

 

[technoholic]

As much as i believe AMD sells shit loads of GPUs, i do not believe they make much profit

 

[Wisecracker]

Uhhhhhhhhh . . . .

Abu Dhabi has owned 19% of AMD for quite some time.

 

[fazers_on_stun]

BTW, the company bailing out AMD is an investment vehicle of Abu Dhabi's government. It has quite a bit of assets and partners.

IMO ATIC doesn't have AMD's best interests at heart. They are the ones who cut AMD's ownership of GloFLo to ~35% even before the spinoff was finalized, down from the initial 50%, due to AMD's stock value decreasing. And look at all the money AMD has paid to GF since the spinoff. Sometimes I think it would have been cheaper if AMD had given their fabs away for free, than get involved with ATIC.

Remember that the infamous Hector Ruiz is the one who [strike]sold out[/strike] - er, negotiated the 'deal' with ATIC for the spinoff, and then immediately left AMD to become CEO of GF. Then GF was late and underperforming with fabbing Llano and then Bulldozer. And I'm positive Ruiz got some sweet golden parachute deal authorized by himself before leaving AMD.

I suspect ATIC is positioning themselves to be first in line to buy up the graphics division and maybe the SeaMicro part at the cheapest price possible, should AMD have to liquidate. If they are the largest part of the BOD, they can control who gets what..

 

[alidan]

[citation][nom]wannabepro[/nom]No, it's plagued with bad management, and general bad luck.[/citation]

and when they were top dog, intel uses a monopoly muscle and and cost them almost everything you see today.

 

[Wisecracker]

Just guessing here, Faze, but if it REALLY became necessary I suspect they would simply start buying up AMD stock and ultimately take the entire company private.

With their long-term ownership position, that makes the most sense. How regulators and the *public* would treat that in the US, I don't know. Knees tend to jerk when the UAE takes control in certain instances (the most recent I can recall was the reaction over some UAE sea-port ownership in the US a few years ago)

 

[sonofliberty08]

wish alibaba will load some cash to AMD too......

 

[mikenygmail]

[citation][nom]warmon6[/nom]superfragilisticexpialidocious[/citation]

Supercalifragilisticexpialidocious.

 

[drbaltazar]

mm!possibly good change coming?

 

[GreaseMonkey_62]

Trim some VPs and put the money into R&D and marketing. Like it or not marketing is a huge force. Worked for Apple and Intel.

 

[ajrm]

Interesting comments, But hey... Here come the Sheiks !!

 

[emad_ramlawi]

haha Arab Micro Devices, its funny cause i am an arab, and it sad cause i am an arab ....

 

[ravewulf]

[citation][nom]warmon6[/nom]superfragilisticexpialidocious[/citation]
Close, but not quite
Supercalifragilisticexpialidocious

 

[blazorthon]

[citation][nom]viodhawk[/nom]I cannot imagine a world without AMD. Let me rephrase that , I do not want to imagine one I should say.Intel is getting ready to start churning out their new "ball grid" CPUs around 2014. What that means is there will be no more buying just a CPU to upgrade , you will then be buying the new mobo it is essentially soldered to.If AMD goes down Intel prices will skyrocket to undreamed of heights.[/citation]

Intel can't afford to have ridiculous pricing or else people will just buy the older CPUs and not upgrade. Programmers will have to deal with it by making more and more optimized code, further reducing need to upgrade. Intel would be screwed in the desktop and laptop CPU markets if they had very bad pricing because they'd have difficulty selling anything. Intel might make some products with ridiculous pricing, but they'll have little choice but to have at least some stuff with reasonable pricing or else there's be little point in upgrading.