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AMD breaks into pieces

Posted on Wednesday, 8 October 2008 by Speed, source: New York Times

AMD has been in financial troubles ever since it took over graphics chip company ATI with even rumours flying around that ATI's main competitor nVidia might take over the company.

However, today AMD announced its splitting up its R&D from its manufacturing department.

“This is the biggest announcement in our history,” said A.M.D.’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.”

AMD's manufacturing will now be done by a new company called "The Foundry Company" of which AMD owns 44%. The rest of the company shares belong to Advanced Technology Investment Company which is formed by the Abu Dhabi government

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4 Comment(s)

Anonymous

So basicly AMD got a sugar-daddy now. Intel better watch out.

Quote

Posted on 01:22, October 08th 2008

Speed

yea, but on the other hand AMD no longer has manufacturing fully in its own hands and that can be a big disadvantage. After all, if you've got the latest and smallest CPU, what good does it do if you can't manufacture it until your manufacturer updates his production facility?

Quote

Posted on 01:25, October 08th 2008

Anonymous

ATI have had their GPUs manufactured "outside" (TSMC) and that concept has worked well for years, maybe that's where AMD got the inspiration for this "solution" from?

Quote

Posted on 17:07, October 08th 2008

NINJAFISH

he rest of the company shares belong to Advanced Technology Investment Company which is formed by the Abu Dhabi government

Wait, so let me get this straight, AMD acquired ATI because of its financial struggles, now this new ATI (Advanced Technology Investment Compan) is acquiring AMD because of its financial troubles...

Interesting.

[quote]he rest of the company shares belong to [b]A[/b]dvanced [b]T[/b]echnology [b]I[/b]nvestment Company which is formed by the Abu Dhabi government[/quote] Wait, so let me get this straight, AMD acquired ATI because of its financial struggles, [b]now[/b] this new ATI ([b]A[/b]dvanced [b]T[/b]echnology [b]I[/b]nvestment Compan) is acquiring AMD because of its financial troubles... Interesting.

Quote

Posted on 07:37, October 09th 2008

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AMD breaks into pieces

4 Comment(s)

Anonymous

Speed

Anonymous

NINJAFISH

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