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Financial trouble at AMD

Comments Off on Financial trouble at AMD
Posted April 5, 2007 by admin in News

Wall street watchers Merrill Lynch told customers yesterday that AMD needs another $1bn in equity funding to make it through 2007, given its incredibly tight cash situation.

But i doubt this is a serious?concern otherwise AMD would not have spent $5 billion on ATI late last year.

A lot hinges on AMD’s next-gen quad-core offerings for recovery, but?for now with the pricewars?hotting up with rival Intel, it’s going to be loss after loss at AMD…



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