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AccessMyLibrary    Browse    [0-9]    eWeek    MAY-06    AMD to Invest $2.5B to Expand Dresden Factories.(Advanced Micro Devices Inc.)

AMD to Invest $2.5B to Expand Dresden Factories.(Advanced Micro Devices Inc.)

Publication: eWeek

Publication Date: 29-MAY-06
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COPYRIGHT 2006 Ziff Davis Media Inc.

SAN FRANCISCO (Reuters)--Advanced Micro Devices Inc., the No. 2 maker of microchips for personal computers, said on Monday it will spend an additional $2.5 billion to upgrade and expand its two factories in Germany.

The expansion comes as AMD steadily gains market share from larger rival Intel Corp. and highlights the company's desire to prove that its once-crippling supply problems are a thing of the past....

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