Featured Articles

Intel releases tiny 3G cell modem

Intel releases tiny 3G cell modem

Intel has released a 3G cellular modem with an integrated power amplifier that fits into a 300 mm2 footprint, claiming it…

More...
Braswell 14nm Atom slips to Q2 15

Braswell 14nm Atom slips to Q2 15

It's not all rosy in the house of Intel. It seems that upcoming Atom out-of-order cores might be giving this semiconductor…

More...
TSMC 16nm wafers coming in Q1 2015

TSMC 16nm wafers coming in Q1 2015

TSMC will start producing 16nm wafers in the first quarter of 2015. Sometime in the second quarter production should ramp up…

More...
Skylake-S LGA is 35W to 95W TDP part

Skylake-S LGA is 35W to 95W TDP part

Skylake-S is the ‘tock’ of the Haswell architecture and despite being delayed from the original plan, this desktop part is scheduled…

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.
Wednesday, 13 March 2013 09:43

AMD flogs HQ to make a quick buck

Written by Nick Farrell



Real Estate better than chips

AMD has confirmed that it is flogging and leasing back its campus in Austin, Texas.

The move will generate $164 million in cash but the question about why it is selling family silver does not look good for those who think the company has a great long term future. Nokia did the same thing last year to raise $220 million and the phone maker and former rubber boot manufacturer is another one which is not doing too well.

Last year Bernstein Research‘s Stacy Rasgon called AMD “un-investable,” following the announcement of its terrible Q3 2012 numbers and the sudden loss of its CFO. Michael Silverman, an AMD spokesperson, told Ars Technica that things were not as bad as all that.

There had been all sorts of good things happening at AMD in the six months including the recently announced Sony Playstation 4 APU semi-custom part win, the Richland mobile APU part and lots of other good announcements. He did not explain why the outfit still had to flog its buildings if life was so great.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments