Featured Articles

Snapdragon 400 is Qualcomm’s SoC for watches, wearables

Snapdragon 400 is Qualcomm’s SoC for watches, wearables

We wanted to learn a bit more about Qualcomm's plans for wearables and it turns out that the company believes its…

More...
Qualcomm sampling 20nm Snapdragon 810

Qualcomm sampling 20nm Snapdragon 810

We had a chance to talk to Michelle Leyden-Li, Senior Director of Marketing, QCT at Qualcomm and get an update on…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 15 August 2007 11:06

AMD sold piece of Dresden FAB

Written by Fuad Abazovic

Image

The buyer from East


The sources close to tooling manufactures are whispering aroud that AMD already closed the deal with somebody at east and that DAMIT already sold a piece of the FAB in Dresden.

AMD desperately needs cash and by selling the old nanotechnology equipment it can raise between 300 to 500 million dollars.

The same sources have implied that the deal for selling between 300 to 500 million dollars has already been made with a buyer that wants to remain unknown but we know that it comes from east. We also know that the buyer is not TSMC. We also know that AMD sold some of its old
equipment that it doesn't need any more.

AMD needs the cash to return the Morgan Stanley debt and as the company needs it for its operations. This is really tough year for AMD, the toughest in years.

blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments