AMD confirms fab spin-off, then corrects itself
That certainly doesn’t seem open for interpretation. Nevertheless, The Inquirer says AMD has alleged that the Austin American-Statesman actually misquoted Meyer. Meyer supposedly discussed “radically transforming the way wafers are manufactured” while saying nothing about spinning off fabs.
Whether Meyer meant something else or AMD’s PR department is attempting damage control, we might not have to wait much longer for an official announcement. Former CEO Hector Ruiz promised back in April that AMD would detail the specifics of a future, “asset-smart” strategy “in the near future.” In any case, we’ve also asked the company to comment?stay tuned.