since you obviously know everything about AMD, why don't you just try to become their new CEOOriginally Posted by Shintai
since you obviously know everything about AMD, why don't you just try to become their new CEO
Fast computers breed slow, lazy programmers
The price of reliability is the pursuit of the utmost simplicity. It is a price which the very rich find most hard to pay.
http://www.lighterra.com/papers/modernmicroprocessors/
Modern Ram, makes an old overclocker miss BH-5 and the fun it was
k10 sample give away?
Believe me the core business isnt worth half of CE estimates. In fact many have said that from CE is where intel will get the money to keep their high R&D investment going.
I didnt know about the X86 licence limit, interesting, is that 20% per CPU or per Core?
I leave that to all the financial experts that says it. But they were obviously wrong?since you obviously know everything about AMD, why don't you just try to become their new CEO
http://eetimes.com/news/latest/showA...leID=199200164
http://www.eetimes.com/showArticle.j...leID=198900098
http://www.vnunet.com/crn/news/21887...poor-quarterly
But maybe the special meeting is about Hector got so much cash he dont know what to use it on, right?
Crunching for Comrades and the Common good of the People.
CPU
Crunching for Comrades and the Common good of the People.
Nice info, do you have a link where i could find out more info about the x86 license?
I'm not so sure if even AMD needs it that much now
Special means that this isnt the planned yearly meeting.
these meetings are usualy done for several reasons.
When the company is losing marketshare or has product delays they make these meetings to ensure the stockholders that stuff isnt going like planned but that it isnt going as bad as the media says, so simply to keep confidence up.
another reason todo these kind of meetings is to tell the shareholders about a big change for wich they need the stockholders permission.
Like AMD is gonna ask them permission to sell AMD to another party.
lets hope they are gonna anounce plans to be taken over or fuse with IBM.
Time flies like an arrow. Fruit flies like a banana.
Groucho Marx
i know my grammar sux so stop hitting me
If they loose their x86 license, they can't make or sell x86 CPUs! Thats basically their entire business. If they loose that license, AMD is basically done
Fold for XS!
You know you want to
There is an censored part here:
http://techdeals.startup.findlaw.com...001.01.01.html
But the number aint in that ofcourse.
However there is a limitation also pointed out here on XS and other places, just to list a few links:
http://www.aceshardware.com/forums/r...3309&forumid=1
http://www.aceshardware.com/forums/r...3312&forumid=1
http://blogs.barrons.com/techtraderd...t-helps-intel/
Crunching for Comrades and the Common good of the People.
Lol i know about that, it came wrong if intel didn't want AMD to produce more CPUs instead of beating them with a better process/CPU/etc... they could just stop renovating the license right? so 20% doesn't seem that strict.
AMD has the license since 1994, i bet i has been renewed in all this years that is why i wondered / asked for a link to the original license to read it.
This was brought up and discussed ad-nauseum at another forum:
http://www.xcpus.com/forums/showthread.php?t=256
Specifically Post #50
It turns out the "special meeting" is for the discussion of Employee Stock compensation (guess ole Hector wants more $$$ ?)
Last edited by mstp2009; 06-17-2007 at 06:52 AM.
FYI, there is no renewal of the license. It is a PERPETUAL, ROYALTY FREE license. And Intel can't change that (legally binding contract/settlement).
In exchange for that, Intel gets free use of ANY additions to the x86 architecture that AMD makes (a la x64).
And this licence can't be transfer by amd neither by selling AMD itself, neither by outsourcing too much (which is about giving a x86 licence to somebody else...)
AMD said themselves that they will sell at a loss in order to gain more marketshare. thier current strategy involves short term losses in favor of long term gains. Personally i think this is not a good strategy for AMD because AMD doesn't have the cash to fight intel in pricewar. They need barcelona to to be a real winner so they can start building cash again, hopefully thier marketshare gamlble pays off.That must be why they posted such a big profit last quarter
that stategy worked fine, when amd had a better product... since conroe, amd has been cuttin prices and losing marketshare... they're not cutting to gain,they're cutting to stop the bleeding... where are you, sanders....
Core i7 920 3849B028 4.2ghz cooled by ek hf | 6gb stt ddr3 2100 | MSI HD6950 cf cooled by ek fc | Evga x58 e760 Classified | 120gb G.Skill Phoenix Pro | Modded Rocketfish case + 1200w toughpower | mcp 655 pump + mcr 320 + black ice pro II
I think AMD should care more about keeping its current FABs full.
Currently AMD is losing both marketshare and cash. So its a double failure if thats Hectors plan.
Crunching for Comrades and the Common good of the People.
Thats not true, AMD has to pay Intel royalties.
4. ROYALTY PAYMENTS BY AMD
4.1. AMD agrees to pay INTEL a royalty on the Net Revenue from sales and
other dispositions of Royalty-Bearing Units as a percentage of such
Net Revenue according to the following schedule:
Disposition Date of Royalty-Bearing Unit Royalty Rate
---------------------------------------- ------------
***** *****%
***** *****%
***** *****%
***** *****%
Confidential treatment has been requested for portions of this exhibit. The
copy filed herewith omits the information subject to the confidentiality
request. Omissions are designated as *****. A complete version of this exhibit
has been filed separately with the Securities and Exchange Commission.
- 7 -
<PAGE>
INTEL & AMD CONFIDENTIAL
------------------------
4.2. Intel represents that for the term of this Agreement, *****. The
parties agree that in no event shall Intel's performance under the
terms of this provision or Intel's breach of this representation be
a cause of legal action or termination for material breach.
4.3. Within ***** (*****) days of the end of each calendar quarter, AMD
shall pay the full amount of royalties due with respect to such
quarter to Intel by wire transfer for the account of Intel to *****,
or such other account as Intel may indicate from time to time. Along
with each such payment, AMD shall deliver to Intel a detailed
written royalty statement, in a form reasonably acceptable to Intel,
which shows the sum of the ***** each allowed deduction applied by
AMD to arrive at the ***** sold or otherwise disposed of, the
royalty rate in effect, and the total royalty due to Intel. All
royalty notices and reports shall be delivered to Intel at the
following address, until such address is changed by notice from
Intel:
Intel Corp
2111 NE 25th Ave
Hillsboro, OR 97124
MS JF3-149
4.4. All payments shall be made free and clear without deduction for any
and all present and future taxes imposed by any taxing authority. In
the event that AMD is prohibited by law from making such payments
unless such deductions are made or withheld therefrom, then AMD
shall pay such additional amounts as are necessary in order that the
net amounts received by INTEL, after such deduction or withholding,
equal the amounts which would have been received if such deduction
or withholding had not occurred. AMD shall promptly furnish INTEL
with a copy of an official tax receipt or other appropriate evidence
of any taxes imposed on payments made under this Agreement,
including taxes on any additional amounts paid. In cases other than
taxes referred to above including but not limited to sales and use
taxes, stamp taxes, value added taxes, property taxes and other
taxes or duties imposed by any taxing authority on or with respect
to the Agreement, the costs of such taxes or duties shall be borne
by AMD. In the event that such taxes or duties are legally imposed
initially on INTEL or INTEL is later assessed by any taxing
authority, then INTEL will be promptly reimbursed by AMD for such
taxes or duties together with any penalties, fines and interest
thereon, except for interest, fines and/or penalties assessed due to
the negligence, failure or fault of INTEL which interest, fines
and/or penalties remain the sole obligation of INTEL. This clause
shall survive the termination of the Agreement. Notwithstanding the
foregoing, AMD shall not be responsible for taxes on or measured by
Intel's net income.
4.5. INTEL agrees to make every good faith effort to notify AMD's tax
department within ten (10) days of any audit, notice, assessment or
other action affecting sales, use, stamp, value added, property or
other taxes to be paid directly or indirectly by AMD. INTEL grants
AMD the right to pursue a separate action against any governmental
unit that asserts such taxes against INTEL and INTEL agrees to
cooperate in a reasonable manner with AMD for the purpose of
minimizing taxes, that pursuant to this section are to be paid
directly or indirectly by AMD.
Confidential treatment has been requested for portions of this exhibit. The
copy filed herewith omits the information subject to the confidentiality
request. Omissions are designated as *****. A complete version of this exhibit
has been filed separately with the Securities and Exchange Commission.
- 8 -
<PAGE>
INTEL & AMD CONFIDENTIAL
------------------------
4.6. AMD agrees that any payments required under the terms of this
Agreement which are not paid when due will accrue interest at the
***** rate established by ***** (on the first business day after any
such payment is due), where such interest shall accrue starting
***** (*****) days after the due date as established by this
Agreement. The right to collect interest on such late payments shall
be in addition to any other rights that INTEL may have herein.
4.7. AMD covenants that it will maintain adequate accounting records of
all production, sales, leases or other dispositions of ***** for
purposes of audit sufficient to permit a reasonable confirmation of
AMD's compliance with its royalty obligations herein for a period of
three (3) years after sale or other disposition of each *****. The
foregoing information shall be used solely for audit purposes.
4.8. The parties agree that INTEL shall have the right to conduct audits
of AMD for the purpose of determining that the terms of this
Agreement are being met. Such audits shall be held at any reasonable
time during business hours but no more than once in each calendar
year. An independent certified public accounting firm selected and
paid by INTEL and reasonably satisfactory to AMD shall conduct such
audits. The purpose of such audits shall be to verify that the terms
of this Agreement are being met, including the royalty statements
and payments provided herein. AMD agrees to provide such accounting
firm with reasonable access to accounting records and information
requested during an audit. The information will be made available to
the accounting firm under conditions of confidentiality and it will
report to INTEL and to AMD only whether the terms of this Agreement
are being met, including without limitation that payments have been
properly reported on and paid or, if not, the amount of any
overpayment or underpayment. This provision will survive the last
payment of a royalty under this Agreement for a period of three (3)
years. Should the audit discover any errors or omissions by AMD
resulting in an underpayment of more than five percent (5%) of the
amount due with respect to any reporting period, AMD shall reimburse
Intel for the full costs of such audit.
4.9. The parties hereby agree that the above royalty rates are a
reasonable compromise for ease of accounting and administration
based on the fact that neither party wishes to keep strict records
of the Intel Patents that each Royalty-Bearing Unit or the
manufacturing processes therefor infringes based on AMD's constantly
changing product mix, manufacturing technology and the likelihood
that Intel will receive new patents covering both such products and
processes during the term of this Agreement.
Crunching for Comrades and the Common good of the People.
...and take AMD's money back
Hector de J Ruiz's Compensation Vs. Semiconductors Medians
Salary $0.95 mil Vs. $0.83 mil
Bonus $4.00 mil Vs. $1.28 mil
Other $0.94 mil Vs. $0.12 mil
Stock Gains $3.13 mil Vs. $0.00 mil
Total Compensation $9.02 mil Vs. $3.25 mil
That's about 200% above average.
Asus P4C800ED P-M 730@2.8 7700Cu
2X1GB OCZ - ATI X800XT AIW - OCZ PS 520W
Believe me they are full
Given their current MS and inventory problems , allow me to express my doubts
If anything , I expect AMD to downsize their production at least for a while.
Not to be rude but who are you to judge him because he is getting paid above average? Before C2D Hector lead a company posting record profits every quarter and boasting huge marketshare gains. If you ran a business well for years how would you feel if your stockholder took you to a lynching after two weak quarters? No doubt AMD underestimated intel's capabilities, but you haven't even given them a chance to launch thier response to C2D yet. It took intel 3 years to respond to the clawhammer effetively, i think we can give amd a little time too....and take AMD's money back
Hector de J Ruiz's Compensation Vs. Semiconductors Medians
Salary $0.95 mil Vs. $0.83 mil
Bonus $4.00 mil Vs. $1.28 mil
Other $0.94 mil Vs. $0.12 mil
Stock Gains $3.13 mil Vs. $0.00 mil
Total Compensation $9.02 mil Vs. $3.25 mil
That's about 200% above average.
I thought from the beggining that a marketshare game would drown AMD. Even when they were top performers, IMO they grew too fast for the company to keep up.
Hector got a golden cow handed to him after Sanders, and all he did was to butcher it. Not in a million years is he worth what he get paid. To compare he gets over 4 times of what Intels CEO gets. Hector cashed in about 16million in 2006. Atleast 10 of those could be used to keep some people employed. or lessen the new burden from the 500million R&D cut in the budget.
Hector simply made one mistake after another and have never proven his worth of such an overpaid wage.
Sanders knew AMDs role and position, Hector never understood it and started the crusade into the lands that couldnīt be conquered yet. It took intel 1 quarter to gain back all the marketshare K8 took from them over 3 years.
Hector had hybris and got nemesis.
Last edited by Shintai; 06-17-2007 at 11:37 AM.
Crunching for Comrades and the Common good of the People.
AMD needs Jerry backHector has done nothing for the company.
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