The question is really on whether they are generating enough cash. Intel for example has 11.8 billion in Free cash flow: http://financials.morningstar.com/cash

The question is really on whether they are generating enough cash. Intel for example has 11.8 billion in Free cash flow: http://financials.morningstar.com/cash-flow/cf.html?t=INTC&region=usa http://financials.morningstar.com/cash-flow/cf.html?t=INTC&r... whereas AMD seems to be still losing cash, currently at 217 million in loss: http://financials.morningstar.com/cash-flow/cf.html?t=AMD http://financials.morningstar.com/cash-flow/cf.html?t=AMD