or atleast they are not saying officialy that they are.
http://www.theinquirer.net/gb/inquirer/news/2008/07/23/amd-confirms-fab-spinoff (check the update)
AMD Prepares to Spin Off Manufacturing Operations[07/22/2008 10:24 PM]
Dirk Meyer, the new chief executive officer of Advanced Micro Devices, said in an interview with a news-paper that the company would spin off its manufacturing operations in months time as a part of its asset smart strategy. This is the first confirmation of the expected action by AMD’s high-ranking executive.
Austin American Statesman news-paper quotes Mr. Meyer as saying that “the company is just months away from a major restructuring that will spin the manufacturing operations off into a separate company, with new ownership”. It remains to be seen whether there will be one or two owners of the “AMD Semiconductor” company or the parent chipmaker will just make initial public offering (IPO) and issues new shares.
“Hector said he will be the most disappointed man on Earth if it [spin off – X-bit labs] is not done by the end of the year, and I will be the second most disappointed. It certainly needs to happen to remove this cloud over our head relative to the financial viability of the company,” said Mr. Meyer.
Modern fab that makes chips using state-of-the-art process technologies costs several billions of dollars to build and costs hundreds of millions to operate. After spinning off the manufacturing operations, AMD will be able to concentrate solely on development of its central processing units, graphics processing units, chipsets and platforms.
But in-house developed process technologies allow developers of chips to more precisely “meet” their designs to manufacturing processes, which ultimately means higher performance and faster time-to-market.
Despite of the fact that AMD confirmed intention to virtually sell its fab in Germany, there are a lot more details that remain under wraps today and that should be revealed only in several months from now.
Enter your username and e-mail address. Password will be sent to you.
8:52 pm | AMD Officially Launches New-Generation APUs for Mobile Applications. AMD Introduces Kabini, Temash and Richland Accelerated Processing Units
6:51 pm | OCZ Reveals Vertex 450 Solid-State Drives: High-End Performance at Mainstream Prices. OCZ Introduces New SSDs Based on Indilinx Barefoot 3 Controller
3:40 pm | Nvidia Unveils GeForce GTX 780: GK110-Based Consumer Solution for $649. Nvidia’s Cut Down Titan LE Becomes GeForce GTX 780
11:59 pm | Be Quiet: All Current Power Supplies Are Ready for Core i “Haswell”. Be Quiet Claims Top-to-Bottom Compatibility of PSUs with New Intel Chips
11:51 pm | OCZ Partners With Netgear to Deliver Flash-Based Data Center Storage in a Box Functionality to SMBs. Leading OCZ Enterprise-Class Deneva 2 SSDs Now Qualified on Netgear's ReadyDATA 516 NAS Device
11:07 pm | Half of the World’s Population Will Be Covered by 4G/LTE Networks by 2018 - Research. More Than 1 in 2 People Will Be Covered by 4G/LTE-FDD by 2018
9:38 pm | Sony Starts Manufacturing of PlayStation 3 in Brazil. Sony Begins to Make PS3 Game Consoles in Latin America
9:11 pm | Nvidia Grid Unleashes Graphics for Virtualized Desktops. Nvidia and Citrix Commercializes Grid Technology for Virtualized Desktops
8:57 pm | MIT Scientists Mix Graphene with Hexagonal Boron Nitride to Create New Material for Computer Chips. Researchers Create New Material for Semiconductors
8:43 pm | Intel Can Enable a Successful $200 PC in the Age of the Media Tablet – Analysts. Market Observers Mull Viability of $200 PCs on Current Market
8:09 pm | Microsoft Not Worried About Xbox One’s Lack of Backwards Compatibility, Vows Big Xbox 360 Announcement at E3. Microsoft Believes Xbox One Will Not Require Games of Xbox 360
7:52 pm | Asrock’s A-Style Mainboards Set to Be Waterproof. Asrock’s New Intel 8-Series Mainboards to Feature Conformal Coating
7:35 pm | Nvidia Announces PhysX and APEX Support for Microsoft Xbox One. Microsoft Xbox One Games to Use PhysX and APEX