AMD on The Brink of Collapse ?
03/13/2007 06:55 PM
AMD on The Brink of Collapse
A battle-weary AMD is the subject of a rumor that it may be in the position for a takeover or a cash infusion from private equity, brought on by a punishing stock market, losing 60% in the last year, losing $10 billion in customer wealth.
Even though both chipmakers have seen profit margins hit from investing in new technologies, AMD has been hit especially hard since its revenue is only a seventh of Intel's, whose stock only fell 4% in the last year.
The current trend is expected to continue until new chips are rolled out later this year. With an annual revenue a seventh that of Intel, They stole 4% of the chip market from them last year, and hang on to about a quarter of the market.
http://www.shortnews.com/shownews.cfm?id=60964