AMD Reportedly Looking At Breaking Itself Up Or Other Options

According to an exclusive report by Reuters, AMD is reportedly looking at splitting itself up or spinning off one of its business units.

With AMD's financial position still being rather lackluster, AMD is reportedly considering possibilities that could involve splitting up the company or spinning off a business unit. The report issued by Reuters this Friday evening explains, "The deliberations are preliminary and no decision has been made, the people said. The review highlights Chief Executive Lisa Su's determination to consider every possible option to turn the company around. AMD has asked a consulting firm to help it review its options and draw up scenarios on how a break-up or spin-off would work, the people said this week, asking not to be identified because the deliberations are confidential. One option under consideration is separating AMD's graphics and licensing business from its server business, which sells processors that power data centers, one of the people said."

Before getting too excited, "AMD had explored such a move in the past and decided against it, the people said. Su, however, who took over as CEO last October, judged that there is merit for the company to at least consider such a possibility again, the people added. There is no certainty that a split or spin-off will occur, the people cautioned."