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Yes its true, AMD is confirmed for a breakup.  :what: AMD’s freshman CEO, Dirk Meyer , said that AMD was “just months away” from spinning off its manufacturing and fabrication business into a separate entity. TGD’s sources claim that an announcement is indeed planned for next month in fruition of its Asset Light and Asset Smart strategies.

amdpro_enginvertlowres1 - AMD Breakup Rumors Confirmed: A few weeks left...

With it, we’ll see Meyer take over the development of chip technologies while someone else (possibly Hector Ruiz, who recently shed his CEO role but stayed on as the board’s chair) taking responsibilities of manufacturing.

Let’s just hope that they can get past this distraction in short order — a strong, focused AMD is good for the industry and that’s good for us consumers.

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This entry was posted on Tuesday, August 12th, 2008 at 11:31 pm.
Categories: TechnoBytes.

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