AMD denies report it plans to sell off manufacturing operations

Source: http://gadgetracker.com/amd-denies-report-it-plans...

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While it may not all be his doing, newly-minted AMD CEO Dirk Meyer seems to be at the center of more than a bit of confusion in his first few days on the job. First, he detailed AMD’s plans to take on Intel’s Atom processor this fall, which was apparently news to AMD’s Chief Marketing Officer, and now AMD is denying a report that AMD is set to spin off its manufacturing operations into a separate company, which arose out of an interview Meyer gave to the Austin American-Statesman. In it, Meyer reportedly said that AMD was “just months away” from spinning off its fabrication business, which would let it concentrate on designing, marketing and selling chips, and allow it to compete more effectively against its two big rivals: Intel and NVIDIA. As eWEEK reports, however, an AMD spokesperson now says that Meyer was referring simply to “how the company manufactures its wafers,” which could possibly be a reference to the company’s planned shift to a 45-nanometer manufacturing process. That’s quite a difference, and we’re guessing we’ll be hearing yet more “clarification” on the matter before all is said and done.

Read - Austin American-Statesman, “New AMD chief sees clear path to recovery”
Read - eWEEK, “AMD Denies Fab Sell-Off”

[Thanks, Chris]

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