Intel Corp (INTC)

[subzero]

"about 2 years from now when AMD has run through the injection of capital from Abu Dhabi and goes Tango Uniform. Bye, bye "Efficient Competitor".

Your expectations are too simplistic - and ignore history and finance.

The various Abu Dhabi Arab investments in AMD are already around a couple of billion dollars, give or take. If AMD went Tyts Up, Global Floundries would be left with 2 or 3 huge fabs and NO REAL volume customer, in all probability.

Simple economics says that the Abu Dhabi Arabs won't let that happen and will prevent that just by advancing AMD some more cash to keep operations going.

The generated cash flow will flow back to Global Floundries to pay for the wafers and fab operations. So, Abu Dhabi will avoid a mega Billion dollar loss just by "loaning" AMD a few hundred millions of dollars to perpetuate the "then" status quo.

This will avoid two things - a wipe out of existing Abu Dhabi investment in AMD and a complete loss of customer(s) at Global Floundries.

Expect Abu Dhabi to just float new loans to AMD - in return for more ownership.

Don't forget - Iran needs a guaranteed source of Opterons for their Supercomputers to challenge America - and Abu Dhabi will add the money to insure this for their Arab brotherhood.