AMD exploring Dresden fab extension
PrintEarly talks only...
Posted in Channel, 28th July 2000 11:58 GMT
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AMD is exploring the options of opening an extension to its Dresden chip fabrication plant, it confirmed this morning.
The firm's chief operating officer, Hector Ruiz, gave a press conference to the local press in Germany yesterday, but despite reports on some wires, AMD has not made a definite commitment to build in Dresden.
However, a representative at AMD UK said this morning that the company is looking to build another fab for its microprocessors, and given the facility it already has near Dresden, this location is an obvious choice for exploratory talks.
The plant, which opened for ramping business earlier this year, is partially funded by the local State government, partly by AMD, and partly by a consortium of banks.
Ruiz is also reported to have claimed AMD will make a billion dollars in profits this year. ®
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