AMD Withdraws From High-Density Server Business
An anonymous reader sends word that AMD has pulled out of the market for high-density servers. "AMD has pulled out of the market for high-density servers, reversing a strategy it embarked on three years ago with its acquisition of SeaMicro. AMD delivered the news Thursday as it announced financial results for the quarter. Its revenue slumped 26 percent from this time last year to $1.03 billion, and its net loss increased to $180 million, the company said. AMD paid $334 million to buy SeaMicro, which developed a new type of high-density server aimed at large-scale cloud and Internet service providers."
Sadly, I don't see an "out" for AMD. Their x86/amd64 chips don't perform as well as Intel's. The ARM market is saturated. They don't have their own foundry.
What does modern day AMD bring to the table that anyone wants? Even at cut-rate pricing, they've saturated their channels with chips and can't even manufacture and ship new inventory until the backlog clears.
It's a shame, but I think they're on their last legs. :(
I do not fail; I succeed at finding out what does not work.