By the end of AMD reporting quarter conference , we learned that mergers and acquisitions the company is not interested in, and it's not just limited budget, but also in self-confidence. However, some companies undergo structural changes necessary - for example, the decision to abandon the creation of new dense servers SeaMicro fell on the results of the first quarter write-off of $ 75 million.
Will AMD make new sacrifices and sell some assets? This question was asked by the chief financial officer of the company by one of the analysts . According to Devinder Kumar now the company has managed to achieve a certain balance in terms of available cash - each quarter ends with a reserve of $ 600 million. To $ 1 billion. This is sufficient to solve the current problems, and sell some assets for replenishment is not required. In 2013, AMD had to sell assets, but this is not the current situation.
Chief Financial Officer AMD also added that 90% of the cash holding company in the United States. A major part of the debt burden is distributed in such a way that the next large payments on bonds are scheduled for March 2019. This year the company will have to pay only $ 42 million.