In a move to compete with Intel, Advanced Micro Devices (AMD) will announce a split of operations today.AMD will form two companies, one focused on designing microprocessors and the other manufacturing them. Investment for the move is from two Abu Dhabi firms who will inject $6 billion into the two firms.
The move has been expected for weeks and will strengthen AMD's liquidity in increasingly worrying markets.
AMD will confirm the move in a press conference arranged for today at 8am EDT (1pm BST).
Video: Watch Live Webcast - 8am EDT
View: AMD Press Release
Two Abu Dhabi whats?
When I read the title I thought for sure it would be about them splitting off ATI into a separate company again.
When I read the title I thought for sure it would be about them splitting off ATI into a separate company again.
And I wish people would learn to use the Semicolon.
You're reaching just a bit aren't you? Especially considering the way you started your sentence. Might want to learn to correct your own glaring mistakes before trying to pick on those of others.
Getting back on topic I have to agree that buying ATI was a huge mistake. However if they can get the company back on track it may pay off for them in the long run. They may also end up going the way of 3DFX though, and right now it's not looking good for them in my opinion.
That's not how their splitting, though.
They're splitting into a fabless design division and a fab division, which makes much more sense than a microprocessor/flash&other split.
You're reaching just a bit aren't you? Especially considering the way you started your sentence. Might want to learn to correct your own glaring mistakes before trying to pick on those of others.
Getting back on topic I have to agree that buying ATI was a huge mistake. However if they can get the company back on track it may pay off for them in the long run. They may also end up going the way of 3DFX though, and right now it's not looking good for them in my opinion.
daring yes, a mistake, not a chance.
buying ATI is the only thing that kept them afloat this far.
and denotes a certain vision for the future of the company.
We dont have a clue as to how to remain competitive, but these guys over in UAE have so much money we will tell them anything !!
We dont have a clue as to how to remain competitive, but these guys over in UAE have so much money we will tell them anything !!
how do you think they remained competitive for the best part of 20years then?
do yourself a favour and STFU dude..
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