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All2kool

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All2kool

Re: JCB5 post# 90850

Monday, 10/20/2014 11:50:26 AM

Monday, October 20, 2014 11:50:26 AM

Post# of 97484
Re: I am speculating that without a buyout...

Global Foundries didn't get the contract from IBM to make chips - IBM paid GF to take the chip making business off their hands. Big difference.

As for AMD being in decline, the street treats AMD as the red-headed step-child of the chip making industry. AMD is a profitable company and will remain profitable. AMD has cornered the gaming console market. AMD is making better and faster server chips. AMD has done what others have not - come out of the declining PC market with innovative products that are earning money. IBM wasn't and that's why they paid GF to take their chip making business off their hands.

And even if a buyout of AMD was in the future, it would be a good thing for stock holders. I cannot imagine a tender offer of less than $6 per share for AMD.
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