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AMD denies rumors of selling fab plants

posted onJune 21, 2007
by hitbsecnews

The past few days have seen a few unsettling rumors regarding plans for AMD to leave the fabrication business. Articles and discussion were seen pretty much everywhere. While it was certainly plausible, given their dismal performance the past six months or so, AMD has come out to dispel those rumors.

They have come out to say their manufacturing plants will remain in business, regardless of the current financial situation. Of course, analysts are free to speculate all they want. That is what they do, being analysts and all. You can't blame them, given the staggering amount of money AMD has lost and their eroding marketshare. The rumors stemmed from analysts reports, and likely has upset AMD if their plan is to maintain full speed ahead. In the long run, maintaining their own manufacturing facilities is what a chip developer would want.

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