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AMD Shanghai Ready for Launch, AMD to split into two companies

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Advanced Micro Devices tactics to rift into two companies, one to drawing chips and one to make them, while two investment cash owned by the government of Abu Dhabi will contribute new resources, it said Tuesday. AMD hopes the move will give it the funds it wishes to compete effectively with Intel, which dominates the microprocessor commerce. The Advanced Technology Investment Company (ATIC), bent by the government of Abu Dhabi, will buy a substantial stake in the chip-making outfit, .

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