Advanced Micro Devices Inc (AMD)

[jhalada]

Elmer,

In Q4 of '01 Intel was capacity constrained by the oversized Willamette die. AMD was in a position to sell anything they could make. AMD delivered about 1/2 what their capacity should have been able to deliver.

The same way Intel was capacity constrained on Willamette, AMD might have been constrained on desktop Palimino (there a grand total of about 1 reference to the fact from The Inq). You may recall that this was the first quarter of sales of desktop Palomino, so capacity constrained on a brand new CPU could be understandable.

At the same time, Intel was drowning in P3 die, and AMD was drowning in Tbird die, so there was no capacity constraint, just Intel moving the market away from Piii and Tbird to greener pastures.

On top of this supposed shortage, there was a serious channel stuffing (which is a contradiction), that kind of blew up following Q1 for AMD.

Anyway, I feel pretty confident standing by my statement that the last time AMD was capacity constrained was Q3 2000.

Joe