They just say "AMD" and everyone understands.
Aren't they still carrying that as a goodwill asset? Writeoffs coming.
AMD and Hynix will no doubt panic and start making piles of rejected chips.
AMD is making a big deal of the one feature that can give it a little performance boost, and distracting people from all the ways its chips are inferior.
In other words, the whole product line is a scam.
I believe AMD is in financial trouble as well.
And why would you acquire a company with a tiny and declining revenue?
Intel's best move in re AMD is to end AMD entirely, and to do it as inexpensively as possible, which in this case means doing nothing and letting AMD evaporate the way it's doing.
AMD is no doubt running into typical delays in making its machines run efficiently enough to produce sellable quantities of semiconductors from its wafer starts.
Management has no interest in paying off either shareholders or creditors. They are bleeding this company's cash to partner companies that have inveigled themselves onto the board.
Pumpers are complicit in this fraud.
That was a piece of software. Someone wrote it in about 1998. It's less than a dozen lines long. And yes, it is the nicest person at Yahoo.
GAAP will include writeoffs and layoff/severance/other one-time event charges.
AMD has made a business of forcing its operating losses into corners that it then cauterizes and considers "one-time events". That should be illegal. As should featuring the "non-GAAP" numbers in any earnings announcement. GAAP should be changed to explicitly make it a violation of fiduciary duty to hide reality behind specious semantics.
AMD is one of the greatest money-losing vehicles of the century, and it's looking like the rest of the century won't produce anyone to compete with them.
If Yahoo had a real message board I'd search back and find where I predicted this. Too.
I will never have to cover.