Phantom Gremlin

Four Dying Silicon Valley Companies

I agree AMD will limp along, no Chapter 7 liquidation on the horizon.

HOWEVER, I've had a first-hand glimpse at the $millions of dollars and hordes of (mostly) very talented people that Intel can marshall during product development. No way can AMD compete with that. Even if every single AMD engineer were twice as capable as an Intel engineer, the 10x numerical advantage falls to Intel. Yes, occasionally Intel marketing so totally cripples the engineers that Intel stumbles for a few years. But AMD can't count on recurring Intel marketing ineptitude for their viability.

AMD is "dead man walking".

Disclosure: long INTC.