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AMD To Spin Off Fabrication From Design Work

Posted by timothy on from the splitarama dept.

I.M.O.G. was one of many readers to write with the news that "Advanced Micro Devices plans to announce Tuesday that it will split into two companies — one focused on designing microprocessors and the other on the costly business of manufacturing them — in a drastic effort to maintain its position as the only real rival to Intel. 'This is the biggest announcement in our history,' said AMD's chief executive, Dirk Meyer. 'This will make us a financially stronger company, both in the near term and in the long term, as a result of being out from the capital expense burden we have had to bear.'"

4 of 153 comments (clear)

  1. Aliens Quote by Anonymous Coward · · Score: -1, Offtopic

    That's it man, game over man, game over! What the fuck are we gonna do now?

  2. why didn't they provide the bailout? by neonprimetime · · Score: -1, Offtopic

    In addition, the company said two Abu Dhabi investment firms would inject at least $6 billion into the two firms, mostly to finance a new chip factory that A.M.D. planned to build near Albany, N.Y., and to upgrade one of the company's existing plants in Dresden, Germany.

    Why didn't they step in and help with our financial bailout? Every little bit helps. Funny how the tables turn and now we're the country needing financial aide.

  3. tr/oll by Anonymous Coward · · Score: -1, Offtopic

    influence, the Joi8 in especially OF THE GNAA I THINKING ABOUT IT.

  4. Re:How is this supposed to make things better? by I.M.O.G. · · Score: 0, Offtopic

    Honest mistake... Or your nick and sig have become a self-fulfilling prophecy.

    --
    Overclockers