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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: Joe NYC who wrote (76412)	4/3/2002 9:03:52 PM
From: Windsock	Read Replies (3) \| Respond to of 275872

Re:"Later on, AMD will own half of the fab" Not unless AMD puts up half the capital required to build the UMC fab. The announcement of the relationship with UMC included no statement that AMD would invest $$. The "joint venture with UMC sounded very much like the Fujitsu joint venture (FASL) that was formed to manufacture flash memory. Fujitsu built and paid for the fab and AMD provided the product design. AMD purchased a share of the flash chips from FASL -- a profit was retained by FASL -- and then resold the flash. AMD paid for none of the cost of the FASL fabs.