In a bit of news that’s unfortunately not an April Fool’s joke, a US District Court has ruled that AMD must face claims from investors over potential securities fraud committed by the company. At the heart of the matter is AMD’s Llano APU. Launched in 2011, in Q3 of 2012 AMD had to take an inventory write-down of $100 million on unsold Llano inventory, as the company had to further reduce prices on the chips in order to sell them in the face of competition from Intel along with the ramp-up of their own Trinity APUs. The writedown in this case did not directly cost the company $100M, but it essentially reduced the value of the company by that much to AMD’s shareholders, whose stock...
The history of the semiconductor manufacturing business is both a story of great success and great failure. On the one hand semiconductor manufacturing has allowed the creation of devices...31 by Ryan Smith on 10/20/2014
When AMD originally spun off its foundry business in 2008, the resulting Foundry Company (as it was called back then) was 55.6% ATIC owned and 44.4% AMD owned. Since...34 by Anand Lal Shimpi on 3/4/2012
GlobalFoundries sent over a PR showcasing two significant milestones in its march towards being a major foundry player in the mobile space. The first is the announcement of a...12 by Anand Lal Shimpi on 12/14/2011
AMD just announced revised revenue projections for Q3. Revenue is up compared to Q2 by 4 - 6%, but AMD had originally expected an increase of 10%. The reason...38 by Anand Lal Shimpi on 9/28/2011
Only a year has passed since AMD officially spun off its manufacturing division with the help of ATIC. The resulting GlobalFoundries have been busy getting its ducks in a...13 by Anand Lal Shimpi on 5/31/2010