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Asset Smart is finished. On Monday, March 2, AMD divested itself of certain manufacturing and corporate assets and formed those assets into a second company.
Henceforth, the Fabrication Facilities Formerly Known as AMD will be the property of the imaginatively named Foundry Company.
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AMD's plan to split itself into a foundry and a design firm have continued apace through the financial upheaval of the past few months, even though the company
was forced to revalue some aspects of the deal due to its declining stock price. As of today, AMD announced that it has received final shareholder approval to ...
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