Saturday, July 12th 2008
Bloodbath for AMD at the Stock-Markets, Company Struggles to Survive
Sure, the graphics division brings some cheer for the company but seriously, to what extent is it helping the company alongside a marginally increased market-share with processors? Not much. AMD struggles to survive as stocks plummet below the $6 mark at NASDAQ index, which was priced at $15 /share only a year ago; this is the lowest value for the AMD stock since 2002.
AMD's survival is crucial for the entire computing industry as it keeps check on inflating prices by major players such as Intel and NVIDIA (who themselves are seeing bad days at the stock-markets these days). It has immense engineering potential to take on major players and force them to slash their prices. There are talks already doing rounds of CEO Hector Ruiz planning to quit.
Market forces and mal-informed consumerism are also to blame. A person chooses competitive brands over AMD products mainly because they're supplied and marketed better, sure Intel and NVIDIA do make better products in many categories but 'better' is a very relative value, how much better and for how much more (price) is something that keeps fluctuating, again fluctuations are mainly triggered by competition that AMD brings into the market. In other words, thank AMD for making NVIDIA sell GeForce 8800 GT for as low as $120 or better still, giving rise to a whole new SKU, the GeForce 9800 GTX+, with the '+' matching the red cross on first-aid kits.
Source:
Yahoo Finance
AMD's survival is crucial for the entire computing industry as it keeps check on inflating prices by major players such as Intel and NVIDIA (who themselves are seeing bad days at the stock-markets these days). It has immense engineering potential to take on major players and force them to slash their prices. There are talks already doing rounds of CEO Hector Ruiz planning to quit.
Market forces and mal-informed consumerism are also to blame. A person chooses competitive brands over AMD products mainly because they're supplied and marketed better, sure Intel and NVIDIA do make better products in many categories but 'better' is a very relative value, how much better and for how much more (price) is something that keeps fluctuating, again fluctuations are mainly triggered by competition that AMD brings into the market. In other words, thank AMD for making NVIDIA sell GeForce 8800 GT for as low as $120 or better still, giving rise to a whole new SKU, the GeForce 9800 GTX+, with the '+' matching the red cross on first-aid kits.
116 Comments on Bloodbath for AMD at the Stock-Markets, Company Struggles to Survive
I hope they can get through this hard time,no one wants to see amd dissapear.
Not saying they are any trouble but they have been worse off. Also as you well know the American market place isnt the most friendly right now. It never is before an election.
www.mercurynews.com/business/ci_9860767
Just look at their 20 year history and check October 2002. Im not giving you a hard time this is just something I know about.
FYI I have money invested in AMD. Thats another reason I keep track of these things. :)
poor ati:shadedshu
and OMG... and I thought the graphics division would bring AMD profits...
one thing i don't understand is it used to be about a 90/10 split between intel and AMD computers at bestbuy were i work now we carry more AMD's than intels yet the stock continues to fall? :ohwell: and i know that i personally have sold many more AMD's than intels they have a better price:performance ratio
if people want to see tech move foreward it would be a good decision to start investing now. otherwise al of you can live withthe monopoly of intel and nv
Not that Intel is coming with their E5 and E7 CPU's, AMD is going to loose eaven more...
Also lets not forget this is right before the election. After that its anyones game. If you got balls then NOW is the time to buy.