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AMD confirms fab spin-off, then corrects itself
written by Ciro - July 25, 2008 07:30

AMD's Dirk Meyer was recently quoted in saying that the company will soon go fab-less. Newer reports indicate that Meyer was miss-quoted, though.

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.

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