| By Maureen O'Gara | Article Rating: |
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| November 22, 2002 12:00 AM EST | Reads: |
5,019 |
AMD also expects to get 64-bit support from interconnect houses Myricom Inc, Dolphin Interconnect Solutions Inc and Quadrics Ltd and 64-bit clustering tools from Scyld Computing Corporation and Pallas GmbH.
Meanwhile, AMD, which is dragging out the news of its restructuring like a taffy pull, estimates it will take a Q4 charge of between $300 million and $600 million, a pretty wide swath. The exact numbers will be out on January 16.
AMD, which was expected to have to go somewhere for additional day-to-day financing, said Tuesday that it had filed with the SEC to try to raise $300 million in senior convertible debt from the public coffers. Optimistically, there will $45 million earmarked for over-allotments.
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(c) Copyright 2002 G2 Computer Intelligence, Inc.
Published November 22, 2002 Reads 5,019
Copyright © 2002 SYS-CON Media, Inc. — All Rights Reserved.
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Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara
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