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Re: KeithDust2000 post# 1983

Monday, 02/20/2006 6:13:28 PM

Monday, February 20, 2006 6:13:28 PM

Post# of 6903
Should read: AMD cancels India investment

KeithDust2000,

You have got to be kidding if you actually believe the title given by that article and can't see through the AMD sham.

The real news is buried in the article here: At this point we have no plans for direct investment in manufacturing in India ... our main objective is to grow at twice the industry rate in India," Richard told reporters.

Contrast this with, In November, the firm said it may pick up a stake in a proposed $3-billion semiconductor plant to be built by public-private consortium SemIndia. in the same article.

Furthermore, look at what extent AMD has gone to give the impression that it is "serious" about a plant in India:

http://www.financialexpress.com/fe_full_story.php?content_id=110223

SemIndia, AMD to chip in with $3 bn

AMD’s chip plant in India to put pressure on rival Intel


This was around the time Intel announced its India investments. Talk about, hype. Talk about smoke and mirrors. Believe what you want to believe. I think AMD is starting to show its true colors.

IMHO



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