Re: this begs the question of what will happen to AMD's process development schedule. With IBM acting as Hector's sugar daddy on process technology, AMD will be in serious trouble to keep up with Intel.
IMO, it would be a serious mistake to discount IBM's desire to be on the forefront of manufacturing technology. Even with a money-losing proposition for IBM Microelectronics, they have enough profitable businesses to fund what's essentially a highly strategic and leverageable IP incubator.
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