Stories
Slash Boxes
Comments

SoylentNews is people

posted by CoolHand on Monday June 22 2015, @10:47PM   Printer-friendly
from the survival-of-the-fittest dept.

Updated June 21, 1720 EST (2220 BST): AMD Spokesperson Sarah Youngbauer issued a statement over the weekend denying Reuters' report. She wrote, "AMD provided official confirmation that we have not hired an outside agency to explore spinning-off/splitting the company... We remain committed to the long-term strategy we laid out for the company in May at our Financial Analyst Day, which encompasses all parts of the business."
Original story

On Friday afternoon, Reuters reported that AMD is weighing its options, and those options include breaking the company up or spinning off some sectors into independent companies. Three anonymous sources who are "familiar with the matter" told the newswire that AMD is just looking at a break up preliminarily, noting that the company hasn't made any decisions to go forward with the move.

Remember when AMD could compete with Intel in both speed and price?
Reuters' sources had said that AMD has hired a consulting firm, "to help it review its options and draw up scenarios on how a break-up or spin-off would work."

AMD has struggled over the last decade to keep up with its hulking competitor, Intel. The company's most recent quarterly financial results in April were down 26 percent year on year, with revenue of $1.03 billion and increased operating losses. In addition, the company announced that it would be leaving the microserver market, essentially scrapping its 2012 acquisition of SeaMicro. Since stepping into the role, AMD's new CEO Lisa Su has been determined "to consider every possible option to turn the company around," according to Reuters, including breaking up the company.

"One option under consideration is separating AMD's graphics and licensing business from its server business, which sells processors that power data centers," an anonymous source said, while adding that nothing has been decided and the company could remain together after all.


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 3, Interesting) by Hairyfeet on Tuesday June 23 2015, @04:02PM

    by Hairyfeet (75) <bassbeast1968NO@SPAMgmail.com> on Tuesday June 23 2015, @04:02PM (#199948) Journal

    Do it dude, pull the trigger and get an FX. I felt the same as you.....until I got a chance to put an FX8350 through its paces at the shop and holy shit, it just blew away my Phenom X6 WHILE using less power overall! I was impressed enough I picked up an FX8320E and despite its base clock having 600Mhz over my X6, 2 more cores than my X6, and twice the RAM it STILL uses less than half the power in day to day tasks like video watching and web surfing thanks to the FX8 being able to lower its clocks so much lower than the X6 and when I slam it? Still pulling a little over 10w less despite having the turbo kick up to 4GHz.

    So I'd say its definitely worth the upgrade, you can always keep the Phenom II for a spare, give it to a relative hell you can always underclock it and use it as a media server for your house if you want. I can tell ya I'm damned glad I pulled the trigger, these FX chips are fricking beasts!

    --
    ACs are never seen so don't bother. Always ready to show SJWs for the racists they are.
    Starting Score:    1  point
    Moderation   +1  
       Interesting=1, Total=1
    Extra 'Interesting' Modifier   0  
    Karma-Bonus Modifier   +1  

    Total Score:   3