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DONALD TURNBULL
Luis A. Ferre: "Reason does not need to yell, it convinces."
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Member Since: 1/2006Last Seen: 10/19/2009
Member Since: 1/2006Last Seen: 10/19/2009
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AMD to Spin Off Manufacturing Operations
News Type: Event — Seeded on Tue Oct 7, 2008 8:53 AM EDT
Article Source: TheStreet.comadvertisement
Advanced Micro Devices(AMD Quote - Cramer on AMD - Stock Picks) confirmed Tuesday a plan to cut costs by spinning off its manufacturing operations to a new joint venture with an Abu Dhabi investment firm.
The new venture, to be called "Foundry Co. " on a temporary basis, will make chips for AMD and other companies.
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 | Fabless future: Struggling AMD spins off factories | Associated Press | Tue Oct 7 | 0 |
 | AMD spins off fabs, gains $8.4B from Abu Dhabi | eetimes.com | Tue Oct 7 | 0 |
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