Featured Articles

5th Generation Broadwell 14nm family comes in three lines

5th Generation Broadwell 14nm family comes in three lines

Intel's 5th Core processor family, codenamed Broadwell, will launch in three lines for the mobile segment. We are talking about upcoming…

More...
Broadwell Chromebooks coming in late Q1 2015

Broadwell Chromebooks coming in late Q1 2015

Google's Chromebook OS should be updating automatically every six weeks, but Intel doesn't come close with its hardware refresh schedule.

More...
New round of Nexus phone rumour kicks off

New round of Nexus phone rumour kicks off

Rumours involving upcoming Nexus devices are nothing uncommon, but this year there is a fair bit of confusion, especially on the…

More...
Nvidia officially launches the 8-inch Shield Tablet

Nvidia officially launches the 8-inch Shield Tablet

As expected and reported earlier, Nvidia has now officially announced its newest Shield device, the new 8-inch Shield Tablet. While the…

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, 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

 

Facebook activity

Latest Commented Articles

Recent Comments