$5.04
0.21 (+4.35%)
Advanced Micro Devices, Inc. (AMD)
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The Company is a global semiconductor company with facilities around the world. It provides processing solutions for the computing, graphics and consumer electronics markets.
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too much debt for the equity to survive and too little sales volume for operating profits not to nose dive.
bye bye AMD.
Sure, never mind that they spun off the parts of their business that were costing them to lose money, never mind that ATi is smashing Nvidia taking over 35% of the market share from them in December, we are talking 25% of the market share, not 1% not 2 % not 3% 25%. and what is Nvidia trading at? $8-$10? we'll just ignore all that ;)
true, but for a company to recognize it's situation and selling off it excess weight plus shedding debt with a spin-off is simply ingenious. Watch AMD to hit the server market running with its new offerings. Back from the dead, I say.