AMD spinning off manufacturing business

By Patrick Garratt, Tuesday, 7 October 2008 07:09 GMT

According to this WSJ report, AMD will announce today a large-scale restructuring of its business that will see manufacturing moved outside the company into a JV.

The new venture, which will make chips for AMD and other companies, will take over facilities that include large AMD factories in Germany, with funding provided by investment entities associated with the government of Abu Dhabi.

Cheap chips for the win. More through there.

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