PDA

View Full Version : AMD hit with $880m impairment charge in Q2


AthlonXP1800
07-11-08, 06:16 PM
http://money.cnn.com/news/newsfeeds/articles/apwire/4a1b5ccdf73fe6846d72485433927eee.htm

Both AMD and Nvidia faced very tough time for both HD 4800 and GT200 series GPUs not selling very well as expected due to slow demand in summer and very stiff competitive pricing.

ATI division not doing very well 6 months after the first massive $1.5bn impairment charge in Q4 2007 which slashed ATI $5.4bn value down to $3.9bn but I didnt expected another impairment charge 6 months later as I thought it assess once every year so it seemed it assess 2 times every year or every 6 months. The second impairment charge will cost AMD $880m in Q2 2008 that will slash ATI $3.9bn value to $3.02bn, with AMD stock hit $4.60 16 years low today since July 1992 valued the company at $2.7bn so that mean AMD is technically bankrupted with $5bn in debts.

AMD's CPU business is worthless.

Vik1dk
07-11-08, 07:44 PM
And all this gives you a....stiffy right? :p

Xion X2
07-11-08, 08:09 PM
And all this gives you a....stiffy right? :p

He's our own personal ATI Death Knoll...

Athlon, you should just dress yourself in an Nvidia hoodie and stand outside ATI HQ with a sickel in your hand. We'll call you the "Green Reaper."

K007
07-11-08, 09:28 PM
He's our own personal ATI Death Knoll...

Athlon, you should just dress yourself in an Nvidia hoodie and stand outside ATI HQ with a sickel in your hand. We'll call you the "Green Reaper."
:D

AthlonXP1800
07-11-08, 11:10 PM
He's our own personal ATI Death Knoll...

Athlon, you should just dress yourself in an Nvidia hoodie and stand outside ATI HQ with a sickel in your hand. We'll call you the "Green Reaper."

:lol2:

MrSavoy
07-12-08, 03:28 AM
He's our own personal ATI Death Knoll...

Athlon, you should just dress yourself in an Nvidia hoodie and stand outside ATI HQ with a sickel in your hand. We'll call you the "Green Reaper."

LMFAO
I almost spit my coffee all over my nice 24" screen reading that. (nana2)

Sazar
07-12-08, 04:13 AM
LMFAO
I almost spit my coffee all over my nice 24" screen reading that. (nana2)

I'll spit on it for you :o

darkrider01
07-12-08, 11:34 PM
He's our own personal ATI Death Knoll...

Athlon, you should just dress yourself in an Nvidia hoodie and stand outside ATI HQ with a sickel in your hand. We'll call you the "Green Reaper."

LMFAO
I almost spit my coffee all over my nice 24" screen reading that. (nana2)

Same here - except I almost spit Coke all over mine. A picture of him doing it would win teh internetz.