AMD insiders own ~22% of AMD... they are not the owners of their own company they are all merely employees. It is not their 'right' to do anything they want - they can make decisions, but ultimately the large decisions (like spinning off the fabs) needs true OWNERSHIP approval... which is the stockholders. If the CEO/board wants to make their own decisions, they need to put their money where their mouth is and take a true ownership stake in the company. Right now all they are doing is playing with (and wasting) other people's money.

Ageing Gracefully? Planned Obsolesence? Its' Their Company. However, As Product matures, So Do Descriptions. Speed Was BigDeal, from ?presonic to 2 Ghz/s Standard & Beyond in final assembly. Speed is Linear Thing, Making Tasks Faster. Transistor Count is Broading of aplicabilities. Better Software to drive transistors. Incresing Quality Subject.Fabs have cycles of engineering, sales, distribution ,warehousing & final housing developement or other useages. Empty building more than world trade center firefighters got for bravery, however, operational WTC was worth Billions Yearly. So Put Brainer Back On, Go Figure & Retransistorize, Agin & Agin to 2014 @ 10+ Billion,Perhaps Reaching Drashek Limitation of reality. I know, I Figured it. STeWie

Granted I probably own <0 m not going to support the people who turned their back on the owners of the company. If this were new management I would consider the move a bit differently I suppose, but putting the same management team in charge of 2 companies instead of one will not change the poor management that has put AMD in its current position.

I speak for the rest of AMD's shareholders when I say the following:

Douchebag.

As a current shareholder of AMD, I did my part of the duty by throwing about the 1.5 cm thick "Notice of Special Meeting of Stockholders", along with the vote ballet, into the garbage can.PS. Underneath the AMD logo, the subtitle says "The future is fusion." Ironic isn't it.