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
Its definitely not a bloodbath, more like losing a few fingers or a hand. On the other hand, NV is dying in a pool of their own blood. But NV is a vampire that suck the lifeblood from other companies as well as unknowing consumers. They'll always come back to life :rolleyes:
jcfougere@gmail.com
AMd is turning heads with this round in graphics, which will secure investors. Stocks this low are begging to be bought, I want to take the risk and ride with them! :rockout:
I'm still waiting for NV to reach the bottom of the pit so I can sop some dough in them as well.