Sunday, July 13, 2008

Well, its been a long time since I last posted, but I couldn't resist this one "I told you so" post about AMD.

http://biz.yahoo.com/ap/080711/amd_writedown.html?.v=6

In a filing with the Securities and Exchange Commission, AMD said it recently discovered that its business units that make chips for cell phones and digital televisions, both acquired as part of the ATI transaction and considered "noncore" parts of AMD's operations, weren't performing up to expectations.


This was something I told anyone who would listen: AMD should sell off the Cellphone and DTV divisions. Those divisions had NO synergy with the rest of AMD. It would have even been better off bundled with Spansion.