AMD splitting - The logical solution
October 7, 2008
AMD has officially announced that it is splitting into two companies - one to design chips and one to carry out the actual fabrication process.
Abu Dhabi investment firms will be handing over an estimated $6-billion to the new companies. This fundage will also be used to create a new chip fabrication plant in Albany, New York and to refurbish one in Germany.
Considering that AMD is holding on to a $5-billion debt we hope that this solution will be enough to trump the possibility of shutting down shop. Hopefully, reducing the chance that Intel will completely monopolize the chip market. After all, competition reduces chip prices for us the consumer.
Good luck AMD & the newly founded ATIC (Advanced Technology Investment Company)
aizen Design
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