Phoronix: AMD Splits, Launches The Foundry Company

Since Advanced Micro Devices acquired ATI Technologies back in 2006 they have experienced some financial hardship over this $5 billion USD purchase. In hopes of turning around this situation, AMD has announced this morning they have split themselves from their manufacturing facilities as part of their Asset Smart strategy. AMD combined with Advanced Technology Investment Company, an investment firm from Abu Dhabi, supplying the capital they have formed The Foundry Company...

http://www.phoronix.com/vr.php?view=Njc2OQ