AMD's CEO Talks Spin-Off, Intel, Small Laptops

Dirk Meyer, during a phone interview, said he is confident with his company’s ability to compete and believes that processors for smaller laptops could be the key.

"What AMD stockholders will own is AMD the product company. It will happen that AMD the product company will own an equity interest in The Foundry. However, The Foundry's operations will be funded off The Foundry Company balance sheet. And AMD won't have any obligations going forward to pony up anymore investments to fund The Foundry company operations," Meyer said.

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