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Financial trouble at AMD

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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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