Hope for AMD amid a storm of bad news?

By on March 20, 2008, 9:59 PM
Update: AMD has denied claims of present lay offs although it did not discard the possibility for the near future.

AMD is in a less than ideal place today. Despite of the revival of innovation on its ATI graphics business, which had slowed down considerably since they acquired it, they are not doing quite as well with processors, which is the company's bread and butter. But perhaps even more alarming is AMD's financial state after reporting a $3.3 billion loss in 2007 from $6 billion in revenues.

In order to get its act together, AMD depends on its processor business, but with the constant delays of Phenom, it will be an uphill battle against a dominant Intel not only in the desktop and server markets, but the fast growing mobile segment as well. There are rumors around that AMD may soon announce lay offs for 5% of its workforce, which may be part of a plan to reduce costs. Then again, we also hear that the Phenom could be doing better than expected.

At the end of the day, what we do know is that we rather have AMD alive and kicking pushing Intel and everybody else around for innovation, faster releases and lower costs.




User Comments: 3

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mekaonija said:
"At the end of the day, what we do know is that we rather have AMD alive and kicking pushing Intel and everybody else around for innovation, faster releases and lower costs."Thats what I was thinking for the whole read. It would be horrible if AMD were to go bankrupt now. Everyone stop buying from Intel for awhile! xD
icye said:
AMD should stick to doing video cards where they have a real good fighting chance at beating nvidia. With Intel, AMD is a lost cause these days and its sad because they had Intel on the ropes at one time. Its not the enthusiast's fault that AMD produces non-competitive processors that most informed people don't care about.
howzz1854 said:
that gives you a good leason, when you make a $7 billion profit, don't spend $7 billion on buying new stuff. when you cut the grass, make sure its roots are gone (intel).
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