Featured Articles

Nvidia Shield 2 shows up in AnTuTu

Nvidia Shield 2 shows up in AnTuTu

Nvidia’s original Shield console launched last summer to mixed reviews. It went on sale in the US and so far Nvidia…

More...
AMD CSO John Byrne talks ARM

AMD CSO John Byrne talks ARM

We had a chance to talk about AMD’s upcoming products with John Byrne, Chief Sales Officer, AMD. We covered a number…

More...
AMD Chief Sales Officer thinks GPU leadership is critical

AMD Chief Sales Officer thinks GPU leadership is critical

We had a chance to talk to John Byrne who spent the last two years as Senior Vice President and Chief…

More...
OpenPlus One $299 5.5-inch Full HD phone

OpenPlus One $299 5.5-inch Full HD phone

OnePlus is one of the few small companies that might disrupt the Android phone market, dominated by giant outfits like Samsung.…

More...
KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 gained a lot of overclocking experience with the GTX 780 Hall of Fame (HOF), which we had a chance to…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 09 August 2007 12:13

AMD asks for 1.5 billion

Written by Fuad Abazovic

Image

As we predicted


Back in July we implied that AMD will have to ask for additional financing and you can read it here.

It indeed happened less than a month after we expected it but indeed AMD will issue 1.5 billion notes plus some cash to cover the debt to Morgan Stanley Senior Financing.

This means that by the end of the quarter AMD will be under 800 million in cash and will need to seek funding or in worst case scenario the company will fine a buyer who will cover the debt.

Money wise, the situation for AMD is really critical and we hope for AMD’s sake that Barcelona K10 can save the day.

More here.

Last modified on Thursday, 09 August 2007 12:38
blog comments powered by Disqus

To be able to post comments please log-in with Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments