FSOwner
FS Owner
In a dramatic effort to maintain its position as the only real rival to Intel, 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 addition, the company said two Abu Dhabi investment firms will inject at least $6 billion into the two firms, mostly to finance a new chip factory A.M.D. planned to build near Albany, N.Y., and to upgrade one of the company’s existing plants in Dresden, Germany.
View Full Article: The New York Times
In addition, the company said two Abu Dhabi investment firms will inject at least $6 billion into the two firms, mostly to finance a new chip factory A.M.D. planned to build near Albany, N.Y., and to upgrade one of the company’s existing plants in Dresden, Germany.
