Intel Corp (INTC)

[wbmw]

AMD: Too Smart for Its Own Good?

It's banking on Clawhammer, the first 64-bit chip for desktops, but analysts fear the revolutionary processor may be ahead of its time

http://yahoo.businessweek.com/technology/content/mar2003/tc2003036_5348_tc055.htm

Edit: interesting quote for investors.

AMD has only $1 billion in cash and equivalents, and $1.8 billion in long-term debt. Geraghty estimates that if it keeps to its current capital-spending plan, AMD will use up $800 million of that reserve in 2003 -- with no plans to turn cash-flow-positive until mid-2004.