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Author: Gareth Halfacree Published: 24th July 2008 If you've been wondering what changes newly-appointed CEO Dirk Meyer will be making to bring AMD back to profitability, then you'd better prepare yourself for some pretty major news. According to an article in the Austin-American Statesman, Meyer is planning to spin AMD's manufacturing operations off into an entirely separate company with brand-new ownership – and the changes could occur in the next few months. Since the article went live on the Statesman's website AMD's press officers have been quick to dismiss the rumours, telling CNet's Brooke Crothers that Meyer was “misquoted” by the newspaper. Spokesman Drew Prairie didn't give details on exactly what Meyer's quote was originally supposed to mean, but did end his statement with the fact that “it's fundamentally... [read full story]
