- Jun 29, 2001
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Here is an Article about Gateway Computers abandoning AMD chips in their systems (from ZDNet's AnchorDesk). This has been discussed/posted before but this article has some interesting facts.
Some quotes from the article:
"It isn't just that Gateway is one of AMD's biggest customers. What makes it hurt worse is what preceded it: Gateway actually follows two other PC makers--IBM and Micron PC, which also recently parted ways with AMD."
"...that leaves only Hewlett-Packard and Compaq among the top five PC makers still sourcing from AMD. And there's even a cloud in that silver lining. Once HP and Compaq merge, they'll probably rationalize their product lines, thus foreshadowing more bad news for AMD."
"Separately, AMD announced it will furlough 2,300 workers and shutter two fabrication facilities. With the news, its stock took a battering, plunging nearly 8 percent to $9.08."
Seems like pretty bad news for AMD. Can they rebound from this? Who will be buying their chips now? Will prices go up on their product lines?
I hate to see this, Intel needs some serious competition and AMD was the only ones who gave it to them. We all know we don't need ANOTHER monopoly in the computer business!

Some quotes from the article:
"It isn't just that Gateway is one of AMD's biggest customers. What makes it hurt worse is what preceded it: Gateway actually follows two other PC makers--IBM and Micron PC, which also recently parted ways with AMD."
"...that leaves only Hewlett-Packard and Compaq among the top five PC makers still sourcing from AMD. And there's even a cloud in that silver lining. Once HP and Compaq merge, they'll probably rationalize their product lines, thus foreshadowing more bad news for AMD."
"Separately, AMD announced it will furlough 2,300 workers and shutter two fabrication facilities. With the news, its stock took a battering, plunging nearly 8 percent to $9.08."
Seems like pretty bad news for AMD. Can they rebound from this? Who will be buying their chips now? Will prices go up on their product lines?
I hate to see this, Intel needs some serious competition and AMD was the only ones who gave it to them. We all know we don't need ANOTHER monopoly in the computer business!
