He made the revelation in an interview with the Austin American-Statesman, though AMD was quick to deny such a move by saying Meyer was actually misquoted. Supposedly, his original quote mentioned radically transforming the way wafers are manufactured but nothing about spinning off fabs.
AMD already outsources much of its chip production through partnerships with IBM and TSMC, so the notion of a spin-off isn’t at all that far-fetched. Whether Meyer meant something else or not, we will hopefully find out soon enough when the company further details their “asset-smart” strategy.
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