[citation][nom]fazers_on_stun[/nom]To quote from your cited article:So it looks like AMD is further reducing their GF investment by means of dilution. When GF starts earning profits, AMD's share will be lower.[/citation]
i know, but this also means that they will have more advanced fabrication processes at their disposal. I'm not talking about the profits. Although this still doesn't mean that AMD will be able to use the newer / more advanced fabrication tech that will be available to them through the acquisitions and construction, but it will still be there for them to use, however slightly, and the best thing for them to do is to fight for that small percentage.
Unless, of course, ATIC decides to buyout AMD's share completely, which could happen at anytime. But i don't think that'll happen, or if it does, that means AMD will also be on the way too, because those guys need the capability / engineering prowess that AMD has in order to put GF to full use, and i'm sure that at the moment, they're practically dying to buy AMD itself. I live in the UAE (where ATIC is located) and the general direction for investment is to currently buyout foreign advanced tech and bring it into their homeland, so a very logical step would be to bring AMD as well as ATIC over. And they do have the cash for that, quite easily, whatever the global economy is. They need to do things like this to ensure there will be a stable inflow of non-oil cash, so that by the time the oil runs out, or stops making a profit, they'll be secure....
phew...