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TOP STORY... October 7, 2008

AMD and Abu Dhabi Join Forces to Keep Fabs on Track
In a major boost to U.S. chip manufacturing, AMD and Abu Dhabi's Advanced Technology Investment Co. (ATIC) said they will create a new foundry that will go ahead with plans to build a 300 mm fab in the Luther Forest technology park in Saratoga County, N.Y., hiring 1400 there. The Foundry Company will assume ownership of AMD's Dresden fabs, and have exclusive rights to build AMD's processors. ATIC will invest up to $6B in capacity expansions over the next five years.
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