Originally posted by: Wreckage
They have had mostly losing quarters since the AMD purchase (not to mention billions in impairment charges). Especially following the R600 launch.
So essentially, ATI is now as consistent at losing money and taking on debt under AMD as AMD always was before the merger? Then ATI really has been assimilated, I guess.
If I buy a Rolls Royce for $250,000, let my incompetent nephew borrow it for the weekend, and he brings it back with the body falling off after ragging the piss out of it, can I take a charge for the amount that I "overpaid"? e.g. its now worth $50,000 (thanks to my nephew).
Hector Ruiz and Henri Richard = my trainwreck of a nephew
While I do believe ATI was overvalued by a good billion due to bullish thinking that marked the times, it was worth a helluva lot more than it is now that AMD took it for a spin. Meanwhile, AMD is limping along with products that don't quite measure up to Intel without aggressive pricing, just as AMD always has except for a highly unusual three-year period where AMD64 was better. The performance crown has been traded back and forth between ATI and NVIDIA far more than between AMD and Intel.
Ergo, AMD in its current state is the norm for AMD, albiet more tenuous financially than its normally tenuous financial position (i.e. more of the same).