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IIRC they did have this sort of visionary CEO, but they sacked him because he was spending too much money developing new technologies.

OTOH I expect AMD will do pretty well in the lightweight thread server market. They've got server experience and infrastructure, they've got a decent low-power x86 core, and they've spent of lot of time thinking about having cores with different instruction sets living together.

You're correct about the server market. AMD acquired SeaMicro earlier this year who specialize in high-density, lower-power x86 servers. They've already stated their intention to produce ARM servers.

http://www.seamicro.com/products/sm10K_overview

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