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Report: AMD will split into separate companies

Discussion in 'News' started by Echo419, July 24, 2008.

  1. Echo419

    Echo419 FS Owner

    Advanced Micro Devices will split into separate companies as it spins off its manufacturing operations, according to a report.

    The Austin American-Statesman had one of the most unambiguous statements to date when it interviewed AMD's new CEO, Dirk Meyer, last week: "Meyer says the company is just months away from a major restructuring that will spin the manufacturing operations off into a separate company, with new ownership," the report said.

    AMD spokesperson Drew Prairie says Meyer was misquoted, but did not give details on the company's future plans. He did say that "it's fundamentally important to AMD to transform how we manufacture our wafers."

    [​IMG] View Full Article: CNET News

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