To finance ATI, AMD was a forced to take out a $2.5 billion loan, use more common stock (58 million shares for a total value of just under $1.2 billion) - which means that the company had to shell out about $1.7 billion in cash - more than 70% of its cash reserves. This may not have been a simple decision with more than 15,000 employees on board and combined profits of less than $200 million per quarter in an industry that could dramatically shift within a few months. And some may consider this scenario as too risky, if AMD simply wanted to add a few graphics cards and chipsets to go along with its processors.Check it out over here.
AMD Fusion processor - good or bad?
Posted on Saturday, Oct 28 2006 @ 01:10 CEST by Thomas De Maesschalck