In my previous article, I looked at an alternative to being long ARM Holdings ( ARMH ) while avoiding the volatility and difficulties of a semiconductor stock yet still being long the strong market of embedded systems. Also, a cash rich balance sheet and a full 5% in dividend yield made the company of choice even more interesting. Today I'm leaving ARM-designs altogether and move over to the traditional x86-world. Here the war rages on between the David, AMD ( AMD ) and the Goliath, INTEL ( INTC ). A war everyone thought Intel would have won many years ago by sheer force, but a war in which AMD is still somehow managing to survive. We are not going to do a deep dive into AMD's balance sheet but rather look at some of the more soft dynamics of the market. I'm sure some of you are bound to disagree with some of my comments, most probably the fourth one. Here are four reasons why AMD will not go bust: