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Should read: AMD cancels India investment
KeithDust2000,
You have got to be kidding if you actually believe the title given by that article and can't see through the AMD sham.
The real news is buried in the article here: At this point we have no plans for direct investment in manufacturing in India ... our main objective is to grow at twice the industry rate in India," Richard told reporters.
Contrast this with, In November, the firm said it may pick up a stake in a proposed $3-billion semiconductor plant to be built by public-private consortium SemIndia. in the same article.
Furthermore, look at what extent AMD has gone to give the impression that it is "serious" about a plant in India:
http://www.financialexpress.com/fe_full_story.php?content_id=110223
SemIndia, AMD to chip in with $3 bn
AMD’s chip plant in India to put pressure on rival Intel
This was around the time Intel announced its India investments. Talk about, hype. Talk about smoke and mirrors. Believe what you want to believe. I think AMD is starting to show its true colors.
IMHO
Chipguy,
Nice run up on SGI today.
I think people are starting to realize that the new CEO is a
no-nonsense, bottom line kind of guy ...
That, and perhaps, after digesting HP's report, the realization that SGI did not pick an albatross of a chip to pin its future on. People are finally starting to see the evidence mount in favor of Itanium. Looks like SUN/AMD's mantra of a "dead" Itanium is being slowly debunked.
http://biz.yahoo.com/bw/060217/20060217005196.html?.v=1
SGI was oversold and this maybe the spark to drive some sense into Wall Street. We will see what happens.
IMHO
Rollins on CNBC: no reason to switch to AMD as our results seem to prove
The above is not an exact quote, but that was the gist of the response. A few minutes ago on CNBC, the inevitable AMD questions. There were two, and Dell's Rollins shot down both in favor of its current partner, Intel. Results certainly seem to contradict the AMD fans. You still have time to set your watch. The conference call will have its share of "dumb"founded AMD analysts trying to get the spin they want on Dell's stance on the matter.
BTW, wanna make some sure money? 1) Find out when a Dell officer makes a public appearance and talks to reporters. 2) Purchase large amounts of AMD calls ahead of event 3) Sell the day of the news and smile. 4) Thank your lucky stars for the many "lolipop" heads.
IMHO
KeithDust2000,
It´s all about having the greatest degree of flexibility.
Agree, but it should be integrated, not ad hoc. It is a fine line, I admit. As you say, all the pieces are in the market today. Intel is trying to bring it all together, and I don't think this will be easy. What exactly is AMD doing? Adding another piece?
IMHO
wbmw,
I don't understand what illegitimizes MCM packages in the eyes of the critics. I have highlighted some of the advantages, and by now they should be almost common knowledge. Are people so obsessed with chip integration that putting together dual cores at the package level somehow seems like "cheating"?
Thanks for making this important point. I admit I get my information second source, but as I recall, a number of MCM techniques, perhaps similar to the ones used here, were advanced enough to warrant press coverage and patents around 2001. Listening to the AMD detractors you would think that a blind squirrel could slap two dies together.
Continuing with this train of thought, if it is such a trivial thing, why didn’t AMD take their 4 core die and slap it together to really blow the doors off anything Intel could demonstrate? Responding by saying AMD does not need to, want to, or doesn’t have to, is a lame excuse. After all, it is easy to do. Now, perhaps the AMD design does not lend itself to this. Have they ever produced any MCM devices in their history?
No matter what AMD's excuse may be, I consider having the ability and the option of MCM in a CPU architecture as an asset that Intel can exploit and a missing weapon in AMD's arsenal. Thoughts appreciated.
IMHO
Interesting developments in the Wi-Max arena. Very important that companies besides Intel have a stake in the outcome. A Direct TV, DISH TV combination can go a long way.
Although DirecTV CEO Chase Carey says the company is exploring several options, sources say Murdoch and Co. are close to finalizing a deal to create their own broadband network using the latest Wi-Max wireless technology...Once the signal enters the house, a wireless router, designed with the help of Intel Corp. (INTC ), would feed it to computers and phones. The box could also be used to beam TV programs to PCs, laptops, and portable devices for remote viewing.
http://yahoo.businessweek.com/magazine/content/06_08/b3972067.htm
IMHO
smooth2o,
"What a sleezy operation AMD is:
Advanced Micro Devices Inc. stepped up the rhetoric in its antitrust battle with rival Intel over alleged monopolistic practices on Thursday, issuing a press release stating that the Korean Fair Trade Commission conducted "dawn raids" on Intel offices in that country."
From your link, Intel disclosed in June that the KFTC was conducting an investigation, and the company has cooperated, he said.
Soooooo. Now AMD has Colonel Sanders, raiding Intel offices, huh? I was wondering what "where's mine Jerry" was upto?
LOL ;)
IMHO
fastpathguru,
Uhh, 65% say marketing and partnerships.
Ahhh, of course. Damn, you guys are bright. I bet you AMDers can see through rocks!
IMHO
I think it´s Rob Crook... Business as usual at INTEL.
Baloney. Your very own Rackspace did a survey to which you selectively paid attention to in the past. Pay more attention to question 10, which asks:
"What do you believe is the most significant reason that Intel has dominant market share in the server processor technology?"
http://www.rackspace.com/processorsurvey/
The result is clear. Less than 20% select "Other". This catagory no doubt includes "criminal" activity as you are implying. Hardly convincing. Give it up. AMD is a victim of its own failure and more recently of its own successes. Stop crying.
IMHO
Sounds more like you are the desperate one, suddenly realizing that Intel has 3 step functions worth of performance coming over the next 12 months, and AMD has diddily-squat.
Actually it's perspiration that you are witnessing from the AMD'ers. Desperation was the lawsuit.
IMHO
From the article,
In January, IBM's chief architect Frank Soltis, who heads up the company's core iSeries and pSeries divisions..."Sun will run on one of these platforms — AMD, Itanium or Power," Soltis told journalists. "Really it is going to be Power or Itanium. It's just too expensive to develop these things now."
Well, well. According to IBM's top techie, AMD looks like it is not in the same league. Now that is a surprize. Ok AMD'ers repeat after me:
"Itanium = Itanic"
louder!
"ITANIUM = ITANIC!"
louder!!
"I T A N I U M = I T A N I C !!!!!!"
Damn it's not working! ;)
IMHO
The important thing (re:Intel in charge of Itanium) is largely symbolic
Thanks for the insight. Does your view extend to management and marketing as well as engineering? My speculation is that external forces to the engineering team may have been pulling them in different directions. Sounds like I maybe grasping at straws in an effort to try and get a better understanding for some of the recent design decisions made on the product. In any case, I believe the product is making great strides and seems to be heading in the right direction.
IMHO
Intel ready to hire additional Itanium engineers
While I do not have any insight into the nature of the Itanium design team, I can't help but guess that the best(and vastly un-emphasized) event was the placement of the entire Itanium project under one roof (Intel). I can envision how having two cooks (HP and Intel) in the kitchen was a formula for disaster. Going forward, I think the product will improve significantly just by the fact that it will at least be more focused with clear goals inline with the rest of Intel products.
IMHO
wbmw,
Christopher Danley...he's calling a down year in terms of EPS for 2006 and a flat year in terms of revenue for 2007. He's making it pretty easy for Intel to beat this.
Exactly one year ago, mean estimates for Intel where 8% from 2004 or $1.24 / share. Today Intel reports $1.40, yet Intel's stock price is the same or down during this period. The problem is that, during 2005, analysts continued to raise estimates (and expectations) while the street continued to sell Intel shares. Intel is simply out of favor. This is a crisis that goes beyond chipsets and ASP's. New products will help, but it seems that Intel stock price is more about perception, mind share, public relations and other intangibles. BTW, analysts are using a similar 8% growth forecast for 2006.
IMHO
herb will,
Good move for a short seller squeeze.
Yahoo re-released this "news" item today while AMD was in $2+ dollar free fall from its high's. AMD flattened out. To quote Queen Droid, "Hmmmmmm?" LOL.
Next week’s AMD conference should be very interesting. I wonder if the analyst will begin to scrutinize the numbers with a slight bit more vigor than in the past.
Don't know. But because of Spansion, you will see quite a bit of confusion. Of course, the spin will be quite positive by AMD and the institutions who own them. I think you will start to see heavy emphasis of Y/Y comparisons by AMD, since from now on Spansion will not play a big a role and Q/Q comparisons going forward will be somewhat "revealing".
IMHO
wbmw,
Wow, the writers here are lucky. They don't need to create anything new; just keep on reprinting and recycling the same article.
You aint kiddin. Remember the Nov 2005 release of how a Rackspace survey proved customers wanted AMD over Intel (bunch of BS from a company with strong AMD ties, but that is another story). Well it was picked up by everyone in November including Investors Business Daily and regurgutated endlessly during the last two months of 2005. But wait, this a new year and "puke" is what Hector likes to do, I guess.
Note that the article is being repeated from about 2 months ago:
Nov 2005 - http://www.varbusiness.com/showArticle.jhtml?articleID=174402913
Jan 2006 - http://www.varbusiness.com/components/weblogs/article.jhtml?articleId=175700665
Same old shit. Amaizing that they can dupe so many. It is working for them, however.
IMHO
Duke of URL,
Dell Changes Tune On AMD
This is a great litmus test of when to go bearish on AMD. In the past this type of rumor would send AMD up significantly. I am noticing today that this is being discounted. This maybe an indicator that the AMD rally is running out of steam. Certainly earnings are around the corner and may change things, but I think the reaction this time will be to sell on any positive earnings news. Something to consider?
IMHO
smooth2o,
Companies like Aliewnare, ATI, Broadcom, Motorola, Nero, Nvidia and Via are all signed up to AMD's vision of the digital future.
That list is nothing more that a bunch of PC-related "multimedia" companies, but a far cry from the "media/entertainment" companies Intel has signed up. Big difference that the unsurprizingly biased AMD media fails to pick up on.
IMHO
herb will,
The moniker “AMD Live” sounds a little self serving if you ask me. Intel will spend a lot of money promoting the concept of Viiv and I hope it is a big winner.
The term "ViiV" is a brand. The term "Live" is a verb/adjective, but not a brand(by itself). People usually go around buying brands or a technology. They enter a store describing something called "live" or "alive" or... and the saleperson will say "oh, you mean ViiV". AMD made a poor choice in this case. We shall see.
IMHO
smooth2o,
just a followon to their live that failed a year ago
So in other words, AMD's LIVE was actually DEAD.
or, AMD's LIVE brand will be a DEAD brand.
What a bunch of bozo's, LOL.
IMHO
where does this leave the other chip makers like AMD and VIA in the Digital Home market? So, the big question is, why does Intel get to hold all the keys to this new technology?
Well, when the author shows me an article voicing concern that TI and Qualcomm dominate the Cellphone market and "where does that leave poor Intel", I may share his concern. Otherwise this is baloney. Let's see, if Intel colaborates with the industry then because of its size takes the initiative, Intel is "stealing". When Intel goes it alone, Intel is self-centered monopoly trying for "world domination". Garbage article.
IMHO
alen81,
re: <ViiV>
Yes indeed. It sounds like a great name and has a lot of nice connotations associated with it, like "alive" not to mention "vibrant" and "vivid". Very appropriate given the target markets, don't you think? Of course, it remains to be seen if the products that stand behind the brand will do them justice.
BTW, I also like Intel's brand for their Yonah processors, "core". Funny that for the first time people will find an Intel "core" inside their "apple" :))) Now what a coincidence? Ya think? ...
IMHO
wbmw,
Re: Spansion IPO prices at $12 a share
Now 30% below expectations, but the real test will be where the share price heads in the following months. Usually, IPOs start with a fair amount of exuberance, so it's quite possible the price will fall lower going forward.
Don't discount the posibility that AMD/Fujitsu maybe buyers at this point to prop up the stock. AMD could be holders of 49% of Spansion and still achieve most of its goals.
IMHO
salasidis,
Possibly because they think that if they wait further for the IPO, the value of Spansion will continue to drop.
Very true.
IMHO
"Perhaps the pool of money is limitted for these kind of offerings."
Then why didn't AMD delay the offering?
Answer: Don't know.
Guess: They still may delay, but I doubt it. AMD may think that any price is a good price to get rid of Spansion. Also, maybe AMD did not envision Intel or other offerings coming online at the same time. BIDU, for example announced unlocking of shares a few days ago.
IMHO
Duke of URL,
Am I correct in assuming that you think that the debt deal by Intel caused the offering price in AMD's offering price for putting Spansion public to have been reduced? How?
Yes, that is my belief. A few reasons. Simple supply demand for one. Perhaps the pool of money is limitted for these kind of offerings. Intel was offering another choice for the investment dollar. Probably a safer and better investment. Just my speculation.
IMHO
alan81,
Yes, it is this kind of move...
Smart, Shrewd, and MEAN that drives people to hate Intel...
But it is VERY good business
Brilliant move. Of course the first and foremost reason for the offering was exactly what was stated in the SEC filling. However, it was obvious to me what the immediate side affect of this would be. And it is only just one side affect, I think. The funny thing is, most AMD fans welcomed Intel's move, because in their distorted mind, this was the start of the end for Intel. LOL.
BTW, it IS business. Just like AMD shrewdly waited for the last minute to indicate that the IPO had little interest, all the while making available more shares to fool everyone into thinking interest was high and would price above $18. Hey this is AMD we're talking about.
IMHO
Dan3,
re: Intel's debt offering Timing is everything
You and your AMD buddies still could not figure it out, could you? On an unrelated subject, how is the Spansion IPO coming?
The proposed price range of the shares of Class A Common Stock being offered has been reduced from $16.00 to $18.00 per share, as stated in the Preliminary Prospectus, to $13.00 to $14.00 per share. The primary effect of such change will be that the net proceeds available to us as a result of the offering will be reduced from approximately $622 million to approximately $493 million
So in a span of LESS than 24 hours, AMD drops the price from $17 to $13.50 or about 20% (they were so sure to get the $17 price, they issued S-1 stating so, last night). You don't think they were a little "disingenuous"? Nah. BTW, that is $129 million of AMD/Spansion's money that just flew out the window. Yes, things can change in under 24 hours, and we still have 24 hours more to go!
And don't forget, AMD still has 40% of this piece of garbage hung around its neck.
Too bad :((
IMHO
Dan3,
That puts us at Intel 241 million AMD 159 million in 2009.
Only one problem, Dan. AMD will not be around in 2009.
No wonder why Intel's borrowing money - they must agree with you and InStat.
Wrong again. Intel is borrowing to build the extra fabs to take up the slack AMD will leave behind.
You don't know anything. Sheesh.
IMHO
chipdesigner,
another bird-dropping
Who else but you would fire the first salvo with references to crap? No wonder, that is the only thing that comes out of your mouth most of the time.
You sound worried. YOU SHOULD BE.
IMHO
Dan3,
So Intel is having to run to the banks to keep their financials from sagging.
You do see the side affect of Intel's debt offering, don't you? Intel is peeing in AMD's swimming pool and you are swimming in it Dan. Get out while you can. No idea what I am talking about? Hint: timing is everything. Let's see how things unfold over the next week or so.
IMHO
avatar,
AMD wins the dual core
Translation:
"We are starting to see what Intel has coming down the pike and we better bail out while we are still ahead"
ROFLMAO
IMHO
"Usually, deals generate buzz and you hear about things going on," says Morreale. "This one has been relatively quiet."
On the other hand, Spansion recently upped the number of shares it intends to sell to the public, a sign of demand for the stock, according to John Fitzgibbon, an analyst with IPODesktop.
Yep, something seems fishy. Here is one way to reconcile the conflicting signals.
AMD has stated it wants to receive about 660 million from the spinoff. That comes to 39.2 million shares at $16-$18. After shopping Spansion around the bankers tell AMD that the street is willing to pay about $14.70. AMD wants to target the 660 million sum, so they offer another 5.8 million shares, for a total of 45 million, in anticipation that the street will snap them up. Normally the extra shares are for over-alottment but maybe not this time. If all goes well, AMD is rid of Spansion and they receive what they want for it. Anything more is icing on the cake.
One other key point. The 5.8 million extra share offer occured before(I think) Spansion admitted that they are having problems this quarter. Meaning that the offering price may be even lower. If all this is true, then there is the remote posibility that AMD will pull the IPO. Very bad, if true and I doubt this. But I think the $14.70 price target is important. Anything below this and the street will not like it. Of course many will counter that getting rid of Spansion at any price is a positive. We shall see how it all works out.
IMHO
jhalada,
re: Spansion How is it that in a booming market, where capacity is constrained, deliveries are being stretched, nobody is making any money?
Nobody is making any money? How do you know that? We know Spansion is not making any money and we know the reason. Straight from the horses mouth:
http://biz.yahoo.com/e/051128/amd8-k_a.html
"However, the Company expects the Memory Products Group to incur an operating loss in the fourth quarter of fiscal 2005, primarily because Spansion's fabrication facilities are not operating at full capacity due in part to constraints in Spansion's testing capacity for some of the Flash memory products ordered by customers during the quarter.
Spansion is a mess. They cant make a profit with AMD and Fujitsu actively involved in their operation. You think that without them things will get better?
IMHO
wbmw,
re: Viiv usage patterns
Good choice of words. I also agree that form factor will play a role. It is not so much a Intel v. AMD thing(yet). More of an all-in-one v component thing. But Intel's greatest challange is to modify the behavior of the customer when they interact with multimedia components. The Viiv must become the focus and not just another component. It is a big challange that, as you point out, may require a few iterations.
IMHO
Ixse,
True to an extent ofcourse. Still low power was the only feature that couldn't be matched by AMD and therefore the most important one.
Yes, but what I am saying is that while AMD may have no problem matching what is inside, it is the outside that AMD must match. Actually, what you may see is, if Intel succeeds, AMD will also get some business, unlike the Centrino.
I haven't given thought yet to the question with whom they'll partner. Any ideas?
Not really, though I think they have a good rapport with Holywood and as I recall, Steven Spielberg. Perhaps a TiVo competitor?
IMHO
Ixse,
Centrino offered something AMD couldn't, i.e. low power. Wireless was getting all too standard and the vast majority of AMD notebooks were at the time that Centrino got introduced nicely outfitted with the standard (.11b/g) as well so it was not nearly as relevant a differentiator as low power (.11b/g either as build in or optional). Also .11b/g PCMCIA cards were aplenty as well. Either way it was available en masse.
While Centrino (CPU's low power) was a differentiator, the question is, was that the reason people bought all those laptops, or was it the "bundling" of all the technologies that made it attractive? I think it was more the marketted notion that the Centrino "package" and not just the processor was the differentiator. I believe this is true since most people buy the package and not what is inside, especially when what is inside is a complicated set of technologies. In that case, the ViiV will have a chance.
Having said that, I tend to agree with some of what you and other AMD fans are saying. I think that the ViiV campaign will be tougher for Intel to pull off than the Centrino campaign. Both campaigns are trying to "bundle" an experience. In the case of the Centrino, it was the wireless internet experience. As you say, most all the technologies existed. Intel simply pulled it all together and offered a processor to match. A good marketing campaign clinched it. In the case of ViiV, the technologies Intel is trying to bundle is the "digitized media". Just like the Centrino, these technologies already exist. HDTV is an important driver, just like .11b/g was for Centrino. Unlike the Centrino, Intel has partnered (e.g. TiVo) for the ViiV campaign. This is one difference that is more important, I think, than the difference you mentioned(what CPU is inside). I suspect AMD is trying to find partners for its campaign as well.
We shall see.
IMHO
AMD follows the leader
http://www.eet.com/news/latest/showArticle.jhtml?articleID=174901200
Andy Wei, a member of the technical staff based at AMD Dresden, ...AMD and IBM last year used a dual-stress-liner approach for their 90-nm transistors, putting differently configured nitride capping layers on top of the NMOS and PMOS transistors. At the 65-nm node, the partners added an embedded SiGe layer similar to what Intel used at the 90-nm node. Wei said “a big boost came when we added the embedded SiGe” at the source and drain regions of the PMOS transistor.
highlandpk: at this point, AMD's promises seem more credible than those of their competition.
Very good observation.<g>
IMHO
And I think the final settlement will be around $10 Billion
No problem Dan. By the time this thing is settled, Intel will have raped AMD to the tune of 50-89.32454 billion (you know, through its illegal and criminal activity). At that point, Intel will toss out $10 billion to the Germans (AMD, as we know it will be out of business) and everyone goes home happy. Everyone except the AMD shareholders. You a shareholder Dan? <ggg>
IMHO
KeithDust2000,
Let´s take Dell. 100% of their servers are INTEL-based. I´ll choose hypothetical numbers to get the point across. Let´s say Dell sells 1M Xeons per quarter. They get a certain rebate per processor (or there is a similar scheme with the same effect). Now they want to adopt Opteron. Let´s say they adopt the configuration described above. They´d get good pricing from AMD for what would, in the first quarter, be maybe a few 10K parts (or whatever you deem reasonable). However, adopting Opteron would drop the rebates on the additional 1M processors from INTEL, making it factually impossible for Dell to make the move
Interesting example. Why did you choose AMD only offer 10K units? Why not offer exactly 1M "superior" AMD units? That would make Dell's choice factually possible, would'nt it?
Now is it because AMD can not produce that many? And why is that? Maybe if AMD spent a few billion dollars on a new fab in the late 90's? Oh, that's right, they had to cough up some money to buy NextGen to bail them out of their very own, home grown, K5 design "disaster". How about if they used some of the money they continue to give to IBM? They could have used that for fabs? Oh right, they needed IBM to bail them out of their very own, home grown manufacturing process "disaster". And why bother splitting profits with Fujitsu on flash, when you could easily build it yourself?
You see, Keith, you can not ignore the past. While AMD was paying to send it's sales force to Hawaii for their annual convention, Andy Grove was looking for a good parking spot among the many Intel co-workers who were hard at work achieving the huge Intel advantage they now have against AMD. So now, you expect them to be "nice" to AMD? Fact is, AMD's current disadvantage is a product of their own past failures and decisions.
IMHO