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AMD set to launch German expansion

Posted by iTech - 2005-10-14

AUSTIN, Texas — Advanced Micro Devices will open its 300-mm Fab 36 in Dresden, Germany Friday (Oct. 14), with AMD President Hector Ruiz and outgoing German Chancellor Gerhard Schroeder among the speakers.
The fab, AMD’s second in the eastern German state of Saxony, is aimed at 65-nm design rules.

The opening comes just days after AMD announced a 73 percent jump in its earnings for the third quarter. Nathan Brookwood, a microprocessor analyst at Insight 64, said “AMD’s product position has never been stronger, and last week they blew away Wall Street’s estimates, earning twice what some stock analysts had been forecasting. That’s a big change for AMD.”

At the opening, AMD’s legal team, led by executive vice president Tom McCoy, was scheduled to present an update on “fair and open competition,” referring to AMD’s recent lawsuits charging rival Intel Corp. with monopolistic practices.

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