Featured Articles

Broadwell to be faster than Skylake-S in desktop

Broadwell to be faster than Skylake-S in desktop

Intel will do something that it never did before. It will release two processor generations at once in the desktop space.…

More...
ARM’s signs off on 64 bit ARMv8-A

ARM’s signs off on 64 bit ARMv8-A

British chip designer ARM has just signed off its 50th licensing agreement for its ARMv8-A technology, which includes support for 64-bit…

More...
Intel Business vPro market divided into 7 categories

Intel Business vPro market divided into 7 categories

Just a few years ago we had two market segments for business users. We had desktops and notebooks and now Intel…

More...
GTA 5 will make November release

GTA 5 will make November release

While we have continued to hear that Grand Theft Auto V for the Xbox One, PlayStation 4, and PC will not…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 19 July 2007 09:46

AMD wanted to sell Dresden

Written by Fuad Abazovic

Image

Investors said no


AMD is in real cash crisis probably the worst one in the history of the company. It is not the acquisition of ATI that caused it, it is because its Barcelona is heavily delayed and that the average selling price of CPUs really went to toilet and Intel has clearly better product on market for almost a year now.

AMD even consider selling its Dresden FAB, at least part of it if not both of them to TSMC and the Taiwanese chip semiconductor manufacturer was interested but the investors said the big no to such a deal.

If AMD would sell Dresden than it would not have any property that could be sold in case that company goes down and AMD is already billions in debts as we speak. So no assets means that company value is really questionable and Morgan Stanley and some other financial houses who helped AMD to find the money to buy ATI in the first place vetoed such a deal.

So Dresden stays in AMD's hands but we will listen carefully what ATI has to say about its Q2 profits later today as we already stated here that AMD is about to lose a lot of money.

Read also

AMD to lose more than expected, 540 to $570 million

AMD lost a lot of Motorola mobile orders

 




 

blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments