Quote Originally Posted by cadaveca View Post
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...
Why would anyone pay to get losses? that is the only part of the Abu-dhabi story that doesnt fit for me.

It is a lot more logical that someone like TSMC or UMC or so could get into a agreement (not actually buy) AMD fabs included the future NY fab and manage them, so they build the fabs and have to renew the machinery to get new production process. But this still has a ton of issues to solve.