NVIDIA considers that the Arab investors saved AMD from the destruction

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POSTER: computer news   ||   NVIDIA CONSIDERS THAT THE ARAB INVESTORS SAVED AMD FROM THE DESTRUCTION	DATE:2009-01-29
In the beginning of February AMD has a meeting with shareholders to discus the joint enterprise the foundry company. According to the estimations of AMD management , the deliverance from the production of active memberships and bills within this transaction will allow the company to get out from the loss period. NVIDIA chapter (Jen-Hsun huang) expressed his opinion : AMD could not survive without this transaction. The interest of Arab investors in the active AMD memberships  is intelligible: they understand nothing in processors production  , but they want to put means in long-term project, connected with the activity production . AMD, which manages only 34% of the foundry company actions, will preserve the half of voices in the directors council of the joint enterprise. The new business owners have to pack enormous means for the prolonged period, but with a competent management they will be repaid with interest. We hope that the dependence of AMD production business on money and moods of Arab investors will not prevent the company from preserving the high rates of technological development. Much in this plan will depend also on the scientific research activity of IBM, which already several years are the technological donor OF AMD. Related Products :

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