AMD to outsource/sell Fabs (confirmed)

[cadaveca]

Um, it was first mentioned(by me) when they announced asset lite, so it's really no surprise here. Also, it has been known for a while that they were forming two seperate AMD entities, one owned by AMD proper, and one owned by abu-dhabi. AMD will retain all intellectual property, abu-dhabi will produce it. This allows AMD to appear in the black on paper, while abu-dhabi takes all the loses from production. Should production kill abu-dhabi side of AMD, AMD itself will remain alive, and part of the industry.

I have mentioned for at last the last three years that the money was in the fabs, and we needed a new start-up, so it's no surprise to me that this is the direction taken, as it's been clear for years that this was the direction that Hector was taking AMD...Um, hello Motorola, once again...