SiliconAudio
C'mon guys, even Lisa Su knows that if Zen fails to make a huge splash, they are gone-burgers. Zen is coming too late to make that splash. A few years ago, AMD decided they would not even try to compete with Intel for performance. Suddenly they've decided they are back in that game, right in the midst of a massive down-turn in PC sales. The established PC makers will stick with Intel unless there is a compelling reason to change. AMD want to sell Zen as a premium part, not in the bang-for-buck category - a position AMD can't live in, IMHO.
AMD is a victim of it's own stupid (non)strategic decision making. Hard to feel sorry for them.
AMD fans may like to think that the company can survive, but financial analysts know better:
http://www.investopedia.com/articles/markets/081415/advanced-micro-devices-bankruptcy-imminent.asp
The only truly gullible people are the enthusiasts who account for just a tiny proportion of component sales, who think AMD can drag itself out of the mire based on them sticking with the underdog. A few AMD fans building a few home PCs are not going to save this company.
SiliconAudio
In these situations, 3rd parties tend to buy up the profitable pieces of the company when it gets broken up. The avionics stuff would be a tiny part of AMDs revenue - certainly not enough to keep the company afloat.
What financial analysts - some random person on a random website who could be anybody - it's all bollocks. Some of these people actually post on tech forums and have been found out. I remember one of them who kept on going on AMD was doomed made a bad investment a decade with them and ever since has been putting them down on forums and writing investment “articles” on how they were doomed ever since.
You do realise in 1989 the WSJ which is a bit reputable said AMD would be bankrupt in a few years - oh wait…
They were meant to go bankrupt when they were in more debt in 2008 by random rubbish sites and hardware enthusiasts…oh wait.
Most of them wrote off companies like Apple,and then despite their superior investment advice we hit the biggest recession since 2008. Half of their predictions are rubbish.
Knew some childhood friends who went into investment banking with zero qualifications - it was all about the risk they could take and it was endemic of the whole industry.
Yeah,we see where that went.
If you want to panic that much you might as well leave Europe or the US and move to Australia. The UK economy is over 1.5 trillion pounds in debt which is 90% of our GDP and its only been worse during the two world wars.
People need to be more worried about UK PLC going bankrupt at this rate.
But going back to AMD, it's not the revenue of the aircraft deals for AMD which is important in this discussion.
You fail to realise AMD is the primary supplier if the graphics chips encompassing billions if dollars of Airbus commercial and military projects like the A380 and A400M and new generation Boeing airliner projects worth billions of dollars.
I know people who have worked on the avionics systems of some of these kind of projects at companies like Airbus and BAe systems - they won't be buying chips off companies going bankrupt anytime soon. That includes things like Eurofighter,Chinook etc.
Known people who worked on sensor packages for ESA missions too.
What you don't seem to understand is that embedded chip systems need support up to 5 to 10 years alone to make them viable for multi- billion dollar aeronautics projects. That includes both software and hardware level support including replacement parts.
The debugging and systems integration can take years - changes to critical systems like the visual display systems in the cockpits will mean recertification costs which can delay projects and deliveries which will incur penalty charges and lost sales which can be easily hundreds of millions of dollars.
Companies like Airbus and Boeing are not going to suddenly buy systems based around parts from a company which is going to die in two seconds.
Plus on top of that the US has interesting laws(unlike the UK) where they are allowed to restructure if things go really meh and plenty of successful US companies have done so. It's not like here where it's “oh balls” and that's the end.
This is why it makes me laugh that random panicking hardware enthusiasts on forums and so called investment sites who are more worried about shorting know more than multi-billion dollar companies like Airbus, Boeing,Sony or MS. Enthusiasts are the most gullible lot of all who desperately want to believe clickbait articles to make them feel better about whatever stupid brand of hardware they bought yesterday due to idiotic E-PEEN,or simply to do a Chicken Little.
But what does Airbus know - I expect they like all their Airbus A380s to soon have no support for the cockpit visual display systems too..
I am sure a compass will suffice! :rolleyes:
They obviously are not panicking for projects worth tens of billions of dollars using AMD tech.
Hence I have no worry about using them or panicking about whether they are going bankrupt or not.
Even companies like Tesco and Olympus despite having good financials had sudden discovered financial errors which affected them - this is why the term “Too big to fail” is apt.
Massive banks like Berings and BCCI failed,etc. Berings was destroyed by one person and once the US government investigated BCCI it all went tits up. But they all looked hunky dory a year before.
Modern companies can hide problems very well for years so in the end,nobody can say if any company is truely healthy.
People can be too linear on their thinking and not realise this.
I would be more worried with the perilous financial state of our economy and the continued cuts which will have more real world effects on us and our children.
Even then life goes on - no point worrying what might happen.
But hey YMMV.
