Intel Corp (INTC)

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Greg, Re: If AMD were planning to exit the uP business, why in the world would they have embarked on the Hammer initiative?

Hammer was started years ago, when AMD thought they had a serious chance of reaching 30% CPU market share. Hammer was the key to reaching that goal and never looking back. Now, AMD has nearly lost their CPU business, and Hammer becomes their only chance to hold onto what little they still have left. AMD's engine has stalled, and I find it hard to believe that as the plane starts losing altitude, that they wouldn't at least attempt to eject the dead weight. Yes, it's a last resort, but potentially one that could save the business, if another few quarters come around, and AMD still cannot stop the bleeding.

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