Advanced Micro Devices Inc (AMD)

[Tim Fowler]

I understand the overall point that you are concerned about but innovations like AMD64 and HT were created by higher R&D budgets not lower. Also I think they are more beneficial then disruptive and they aren't just being used by AMD. HT is a standard that many companies are adopting for different purposes, and Intel cloned AMD64. So I don't see either AMD64 or Hyptertransport as a problem, and even if they were a problem lower R&D budgets would not increase such "problems" but rather decrease them. Lower R&D budgets might easily cause a problem of less inovation and product improvement but AMD64 and HT are examples of inovation and product improvement so they are poor examples of problems supposedly created by lower R&D budgets (because they aren't problems and they were not created by a lowering of R&D budgets).

It takes a large R&D budget in order to move the market.

Not always. Sometimes good ideas don't take a lot of money to develop. Other times ideas that cost a huge amount of money to develop don't go anyware. To the extent that Intel moves the market with money its more a case of a huge marketing budget, and enormous production capability.

Tim