Producing chips isn't equal to producing miners. Miners cost money to produce. Money which AM doesn't have. In order to replace the 5PH AM needs to spend money on all the other components that are required for miners. Besides miners a building with the required power cabling is required. That also costs money...
AM have money. 3.546 PH @ 0.0012 BTC/Gh (AMHash1 sold for 0.00125 BTC, but I'll just ignore that) = 4,255.2 BTC = ~1 million USD. What makes you think AM has no money? Do you have a source to back that up or are you just trying to spread bullshit as usual?