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AMD's asset-light hype boosts Chartered Semi

Making waves by standing still

By INQUIRER Newsdesk: Monday, 12 May 2008, 10:27 AM

CHARTERED SEMICONDUCTOR saw its share price rise to a four-month high on speculation it will get a boost from AMD's mooted asset-light plans.

Shares in the Singaporean chip shop were up six per cent over the weekend after AMD chairman Hector Ruiz failed to share details of his strategy at the firm's stockholder meeting last week.

AMD was Chartered Semi's second-biggest customer last year. Some investors obviously think the fab will get more AMD orders as a result of the big hive-off to come. µ

Comments

Stupid Analysts ...

There are no lay-offs(*) in Dresden, so why should Charted get more orders ...

Furthermore AMD's fabs are underutilized

Seems like somebody is misinformed..

cheers

Alex

(*)Based on a official AMD statement issued by AMD's Dresden spoke woman.
posted by : Alex, 12 May 2008

Oh well...

The INQ and its ever lasting divine trust for DAAMIT...

let's all bow down to the all-divine Hector!

c'mon Charlie, bow!!! you've recieved your payroll from DAAMIT for your salestalk!
posted by : Charles, 12 May 2008

Whut he's gartered up his sleeve?

When Hector taps a mute point_
Punters jig their own notes.
posted by : Karlsbad, 12 May 2008
IThound
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