AMD splits into two

Author
Aron Schatz
Posted
April 1, 2003
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1119
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Looks like AMD is going to split into CPU and Flash business. They will join with Fujitsu. This is pretty sudden.

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In the new joint venture, AMD, No. 2 in the industry behind Intel, is expected to own a 60 percent share to Fujitsu's 40 percent stake in Fujitsu-AMD Semiconductor, according to The San Jose Mercury News, citing industry sources. Each company currently owns a 50 percent share in an existing partnership.

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