Mmmm. AMD Pie
USA Today, the newspaper with the pie-chart fetish, says AMD might be running out of pie, and the oven is filled with Intel chips right now, and we're in danger of only having Intel pie to eat in the future.
AMD's fall has wiped out about $10 billion in shareholder wealth. Analysts say the exodus will likely continue until the company rolls out its new chips this year and resolves fears about its dwindling cash reserves and high capital expenditures.
The shifting fortunes highlight the challenges facing AMD as it squares off against a company with seven times its annual revenue and a history of spending heavily on breakthrough technologies.
