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AMD wanted to sell Dresden, investors said no

@ 2007/07/19

AMD is in real cash crisis probably the worst one in the history of the company. It is not the acquisition of ATI that caused it, it is because its Barcelona is heavily delayed and that the average selling price of CPUs really went to toilet and Intel has clearly better product on market for almost a year now. AMD even consider selling its Dresden FAB, at least part of it if not both of them to TSMC and the Taiwanese chip semiconductor manufacturer was interested but the investors said the big no to such a deal.

Comment from Rutar @ 2007/07/19

the details matter, it wasn't that Intels result where completely different from the expectations but they were worse

Comment from Sidney @ 2007/07/19

More or less the same
http://www.thestreet.com/s/amds-brig...l?puc=googlefi

Comment from Rutar @ 2007/07/19

the results will be interesting today, after the crappy ones Intel got it might not look good for the margin of AMD eiter

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