AMD to Split

[Amr-3DT]

Advanced Micro Devices Inc. (AMD) has obtained an investment of up to $8.4 billion from the Abu Dhabi government and separately plans to split the company into two parts, according to reports.

As part of the long-awaited and expected plan--which impacts 3,000 jobs--AMD (Sunnyvale, Calif.) will spin off its manufacturing operations into a new foundry company that could compete against TSMC, UMC, and possibly, one of its partners in Chartered. So, in effect, AMD will essentially become a fabless design house.

Read more:
http://www.eetimes.com/news/semi/sho...leID=210800015
http://www.theinquirer.net/gb/inquir...eigh-amd-split