Perhaps Mr. Fuad would like to correct his article, since 10 am has come and gone, and AMD said nothing about "losing more than expected".
Another point in the article need to be corrected as well:
"However, the company is going through a cash crisis. Like in Q1, even though the loss will net just over half a billion, the net decrease in cash will be more dramatic."
Fact: In Q1, AMD lost $611m, but it's cash burn was only $389m per the following link: http://finance.yahoo.com/q/cf?s=AMD
Since AMD has $300m/quarter in depreciation (which is a non-cash expense), it's cash burn is typically substantially less than it's loss, as Q1 proved out. More importantly, in Q1, AMD spent $586M on capital expenditures, presumably to grow into all the business Dell is sending to AMD.
Perhaps, now that they've been proven wrong, Mr. Fuad would like to reveal his "numerous industry sources"... or are they all working at Intel headquarters?