It's no secret that the PC business is a more mature business than 10 years ago. Intel needs someone with a different background.
There are no signs it's a demand problem, ... It's a capacity problem, and one that's been visible for three years. It's been clear for three years. That's how long it takes to get these plants built. This has just been a ticking bomb.
We continue to believe that growth expectations for the semiconductor industry in general are too high, and multiples in this industry have to come down.
There is still substantial upside in AMD's stock,
This is a classic response of a company that has seen its industry evolved. You have to be more marketing driven.
If you truly get 64-bit capability in the marketplace, then I absolutely believe that AMD's momentum will continue, ... This year, AMD went after sophisticated buyers in the server market. Next year, there's the potential to really go after the consumer market.
