AMD's "asset-light" plans hotly anticipated

7 May 2008 | 11:39 BST

By INQUIRER Newsdesk

Shares, axe raised

WORD ON THE STREET named Wall is getting fevered as the talk of AMD splitting itself in two catches hold.

CEO Hector Ruiz is very attached to his fabs, but the firm's finances are in such a state that it needs to come up with an imagnative proposal to keep the investing wolves from the door.

And whispers that the chip maker has been casting around for backing for its "asset light" strategy have pumped up the buzz surrounding the firm's shareholder meeting to be held tomorrow (Thursday).

Shares in the firm have risen by some 20 per cent this week as investors anticipate the restructing plan.

Of course, we kicked off the fabless chatter here. µ

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