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> AMD just gave away $160m for nothing in return.

Where'd you get this number? The equity is worth closer to 34bil if fully realized?



My

> If there is a bubble,

and your

> if fully realized

Can both be correct at the same time.

IF this is a bubble, then, yes, AMD gave away a lot of money.

OTOH, IF things turn out exactly perfectly, then AMD just got a discount on a 34b purchase.




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