Is This the Beginning of the Turning Around of Chipmaker AMD?
Posted on: Oct 13th, 2008 | By William Patalon III | Filed under Stock Market Investing
Advanced Micro Devices (NYSE:AMD) will spin off its computer chip plants and receive a cash infusion of as much as $8.4 billion from an Abu Dhabi sovereign wealth fund. Will it help the chipmaker compete with Intel (NYSE:INTC)? Or will it leave it more vulnerable to a price war with its rival?
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William (Bill) Patalon III is the Managing Editor and Senior Research Analyst for Money Morning, and is also the Managing Editor for The Money Map Report. Patalon's work has appeared in Kiplinger's personal finance magazine, USA Today, and The South China Morning Post, among other publications. 
Money Morning is the leading source of investment research on the global markets. Its free daily service provides news, research, investment opportunities and insights on international investing -- most of it well before it appears in the mainstream financial media.