What a moron.
Icahn would have taken a stake in AMD long before now had he any hope for selling this POS. That is his MO. He buys material stakes in stagnant or distressed companies and agitates among the shareholders to force management to find a suitor.
The absence of Icahn as an AMD shareholder tells you definitively that he feels it cannot be sold or salvaged.
But AMD is NOT growing in enterprise. They've abandoned dense servers and for other servers and supercomputing their market share has continued its uninterrupted slide. The most recent DOE HPC contract was awarded to Intel. AMD won the previous contract. many years ago when Opteron was cheap but competitive. Now it's just cheap and no one who wants horsepower can use it.
He was right. 20% of the market will be made up of dense servers, 100% using Intel chips and 100% sold by server makers other than AMD. Ha ha ha ha ha ha ha ha ha!
AMD barely pays its Board anything. Quit blaming the Board for the failures of active management. Lisa Su, Mark Papermaster, Jim Keller, and all the rest in charge of designing, building and selling AMD's products are to blame for the titanic failure to execute.
AMD did not pre-warn. Instead it fell short of its own feeble guidance given in the Q4 CC without warning that it would so so, and also fell far short of Street expectations for the coming quarter.
Did you see this? Cash down $134 million and debt up $56 million. Now under Devider's magic $1 billion minimum mark. How they gonna fix that bleeding red as they are?
Excellent analysis. And you even backed up your claim of uninterrupted deterioration with facts from AMD's own earnings releases.
AMD has nothing now nor anything in the pipeline for at least 4-6 quarters even remotely capable of slowing the decline. With the big cuts to R&D, it's improbable that AMD could even come up with anything competitive or market worthy.
These are death throes, simply put. The droning babble of meaningless marketing releases gutted by the hard, cold reality of steep economic decline.
AMD is a dead company walking.
Who cares. Embedded chips for #$%$ like this are low volume, low price and low margin. AMD would be lucky to make $5 of income per sign and to see more than $500 signs. This is meaningless press-release business, not essential revenue and margin business. But if it wasn't for bad business, AMD wouldn't have any business at all.
"The US Department of Energy has contracted Intel to build two next-generation supercomputers for the Argonne National Laboratory's Leadership Computing Facility."
AMD server market share approaches ZERO. Opteron is dead. Datacenter Game Over.
Very true. GF has no 14nm process of its own. Instead Samsung is taking over fab space and setting up its own process in GF real estate. It's more of a lease deal between Samsung and GF than GF actually winning any business from Apple.
"Figuring out who will make the next Apple Ax chip has become a parlor game. Usually, it is between Samsung and TSMC. Samsung has the edge now because it developed the 14nm FinFET process technology, which it licenses to other chip makers like Globalfoundries. The 14nm process allows the Apple A9 chip to be 20% more powerful while using 35% less battery life."
See. GF has no 14nm process of its own and instead is using Samsung's process to become a second source for Samsung's Apple contract. TSMC wasn't ready so it gets only 30% of the business. It'll be roughly 60% Samsung, 10% overflow made by Samsung at a GF plant and 30% TSMC. Intel has the LTE modem for the next iPhone.
AMD? Nothing. No mobile wins. Ever.
Actually Intel has only just entered mobile. It defeated Qualcomm for the 4G LTE modem placement in the upcoming iPhone 7 and LG G4 smartphones.
That's its first victory. That's exactly how Intel did it when it killed RISC/Unix servers too. It just needed a toehold and then BOOM! It brings its manufacturing and R&D muscle to bear on disheveled, distracted incumbents and crushes them to dust.
Does AMD have any phone CPU wins? How about modem wins? Any mobile wins at all? Hmm...
Hmm. Looks like Apple chose GF and Samsung to make Apple's proprietary A9 CPU for the next iPhone. On the other hand, Intel beat out Qualcomm for the LTE modem slot in the next iPhone. Intel will obviously be making the Intel LTE modem chips used by Apple.
So we have phone wins with Apple for GF, Samsung and Intel. Alas, no wins in any phone anyplace on the planet for AMD.
Suck it down fantards!
Suck it down fantards.