Thank Jobs Apple picked Intel over AMD!
Saturday, March 10, 2007 - 10:12 AM EST"The high-flying Advanced Micro Devices Inc. of 2006 has given way to a company in financial peril, saddled with debt and bleeding from a brutal price battle with its larger and suddenly resurgent Silicon Valley archrival, Intel Corp," Jordan Robertson reports for The Associated Press.
Robertson reports, "AMD finds itself the subject of rumors of a possible takeover or private-equity cash infusion."
AMD "shares have plunged more than 60 percent over the past year on fears about the company's ability to continue gaining share without hurting profit margins," Robertson reports.
Robertson reports, "Analysts are not optimistic about a quick turnaround for AMD... 'Our view is that this will get worse before it gets better,' said Christopher Caso, a senior analyst with Friedman Billings Ramsey. 'This quarter's performance is evidence that it did get worse.'"
"Intel pull[ed] ahead of AMD by at least a year in producing chips based on 65-nanometer and 45-nanometer technology, which shrinks chip circuitry to 65- and 45-billionths of a meter. The smaller scale allows more transistors to be crammed onto the same piece of silicon," Robertson reports.
Full article here.
[Thanks to MacDailyNews Reader "LinuxGuy and Mac Prodigal Son" for the heads up.]
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And to think that Dell switched to AMD.