AMD to split into two companies
Business news anyone? It might not be very exciting, but if you don’t have an Intel chip in the PC you’re reading this on, then you’ll almost certainly have an AMD chip in there, so pay attention.
AMD are splitting their business into two companies. The first will be focused on designing microprocessors, and the second will actually manufacture them – a process which is expensive and debt-laden. The new manufacturing company will be called the Foundry Company, and AMD will own 44.4 percent of it, with the rest being owned by a Abu Dhabi company called Advanced Technology…