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FeedRank: 5/10  5/10  Good  ---  seekingalpha.com
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Wednesday, August 13, 2008 --- 148 days ago
Ron Haruni submits: As reported on Monday by the news site tgdaily , the word is that Advanced Micro Devices (AMD)  might be split into two entities — Asset Light and Asset Smart. One entity will be led by the new CEO Dirk Meyer, who will succeed Hector Ruiz as AMD’s chief executive, and the other one will focus on the development of chip technologies and a manufacturing arm that will take over AMD’s fabs. AMD currently has fabs in Dresden, Germany, and is planning another in Malta, NY. At this time, there is no official confirmation from the computer processor manufacturing company, in terms of substantiating the news. However, based on indications received from tgdaily sources, there is a strong possibility that an official announcement could be made as early as next month. Complete Story » ...




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