AMD (Advanced Micro Devices),the 2nd largest manufacturer of microprocessors in the world has decided to split into two companies.It has done so with the backing of new investors,in the form of the UAE government (via their investment arms).,who have picked up their stake in AMD to 19%.
The Arab Investment arm will have a 44% stake in the Foundry company,which will also take the full burden of AMD's current debt,allowing the parent company to concentrate on going all out at war against the microprocessor giant,Intel.
It's no wonder then that the AMD stock price is buzzing at the bourses!
Read more about this exciting development here
Here's hoping that this new found impetus will boost AMD's ability of further competing with Intel,thereby reducing chip prices for us consumers
On a more personal level,I'm very happy to see AMD striving to do well.I had a brief spell with an AMD Athlon x2 machine.Sadly,due to some technical problems I had to switch back to Intel.But in that brief period I could see why some people are die-hard AMD supporters.At a much cheaper cost,I got phenomenal speed and service from the AMD processor.So I'm supporting the underdog,sitting in the champion's corner.Curious,that.
AMD splits into two companies.
Wednesday, October 08, 2008 / Comments (1) / by Varun
1 comments:
i too use AMD processor
but some of my frnds say that it is not that good as intel
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