This deal has been spinning on the back burner for years now, but unfortunately for AMD, the whole thing is going to be drawn out just a wee bit longer. If you’ll recall, AMD had struck a number of deals that would essentially enable it to spinoff its manufacturing plants. Agreements had been made that would see Advanced Technology Investment, an Abu Dhabi state-owned venture capital firm, invest $2.1 billion (at least initially) for a 55.6 percent stake in the joint venture; out of that chunk, $700 million<\/p>\n","protected":false},"excerpt":{"rendered":"
This deal has been spinning on the back burner for years now, but unfortunately for AMD, the whole thing is going to be drawn out just a wee bit longer. If you’ll recall, AMD had struck a number of deals that would essentially enable it to spinoff its manufacturing plants. Agreements had been made that would see Advanced Technology Investment, an Abu Dhabi state-owned venture capital firm, invest $2.1 billion (at least initially) for a 55.6 percent stake in the joint venture; out of that chunk, $700 million Continue reading