Read the story about Intel hiring Venkat Renduchintala into a position Intel had let sit vacant for 18 months (an eternity in this business).
Over that same time AMD's presence in all of Intel's markets went from weak to nearly invisible.
AMD is setting records for ineffectual, self-serving management.
There's not much left of it. We can erase the shares soon.
It may be physically impossible to disperse an AMD chip's heat within a modern notebook platform.
AMD isn't even in the computer chip business any more. They've been infested by a brain-eating zombie disease and the Arabs are living by draining AMD's guts.
AMD is no longer in the semiconductor business. Its business now consists of draining its own assets into Arabs' pockets and keeping shareholders tied up in court until the money is all gone.
AMD shareholder equity is -$335 million (-$0.43/share) and net tangible assets are negative. AMD earnings are negative. AMD revenue growth saw an unexpected bump in Q3 (costs saw a much larger bump) but guidance is negative. Shares represent only red ink.
AMD has $2.3 billion ($3.03/sh) in long-term debt, which comes due starting in 2019. It has also used up half of its latest line of credit. AMD's credit rating is in junk territory. Most recent ratings:
Fitch: downgrade to B-minus, negative outlook (4/20/15)
S&P: downgrade to B-minus, negative outlook (7/8/15)
Moody's: downgrade to Caa1/Caa2/SGL3, negative outlook (7/28/15)
Nonetheless, AMD can not borrow money, and had to sell the assembly/test unit in desperation to raise cash. What their remaining $320 million in tangible long-term assets now consist of is a good question.
AMD Fury graphics technology including HBM1 does not compete favorably with nVidia graphics cards. Fury is severely supply-constrained due to yield issues. Lack of cashflow forced AMD to sell its assembly/test unit. AMD canceled other chips to conserve cash for Zen. Meanwhile, nVidia is testing first silicon of its new Pascal chip which uses HBM2. The status of AMD's HBM2 graphics chip, Greenland, is unknown. Internet rumors that AMD has a lock on Hynix's supply of HBM2 memory are based on blogger claims, not credible sources.
AMD Zen and Greenland will not be shipping until late 2016, missing OEM schedules for back-to-school and maybe xmas. Since Zen uses FinFET, a process new to AMD, production-ramp issues are expected. There is no sign of first silicon so AMD may not have these chips out for revenue until almost 2017. Zen's lead designer, Jim Keller, quit the company, leaving underlings to work out bugs.
AMD is being sued by shareholders for false statements made by executives in 2011. They claimed Llano development was proceeding properly; reality proved otherwise and the court has stated there is evidence AMD knew.
The interesting thing is the only published minimum cash level is like $250 million since the refinancing deal. But they get really really desperate when the cash hits $900 million. Which means there is a lot that AMD isn't telling its investors about where the pier ends.
If you are long this ticker you have thrown your money away. You still have a chance to go back and find it, but if you turn the corner with this stock in your bag it will be lost forever.
So you're calling me a liar, and you're wrong. What else is new?
He has a lot of aliases. Lot of problems, too.
This is the sort of thing this troll wants buried. It cuts into his sales in the boilerroom.
Someone should name a one-celled organism after Ken Luskin/amdtripledigits.
Very funny article at TheStreet about amdtripledigits/Ken Luskin going completely crazy on someone's answering machine.
He's cost his employers hundreds of thousands of dollars in settlements, and now he spends his life trying to pump a 100-share position in this pig stock.
He's not interested in the truth. He's trolling for abuse.