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Abu Dhabi did more to keep AMD alive than China. They ploughed $600 million into AMD in 2007. Mubadala had built up a 13% stake in the company.
by adventured 7y ago
Abu Dhabi did more to keep AMD alive than China. They ploughed $600 million into AMD in 2007. Mubadala had built up a 13% stake in the company.
- AareyBaba 7y agoYes that is correct. Abu Dhabi investment kept AMD alive for a while but by 2012-13 AMD was at rock bottom and needed more cash to implement a turn-around. There was a lot more financial jugglery going on but to go into detail would be off context to the discussion.