AMD Sells 8.1 Percent Stake to Abu Dhabi (Update)

November 16th, 2007 in Technology / Business

(AP) -- With oil prices surging and U.S. stock prices slumping, chip maker Advanced Micro Devices Inc.'s sale of an 8.1 percent stake to the Abu Dhabi government's investment arm represents the latest plunge by a wealthy Middle Eastern nation into a troubled U.S. corporation.

---

Content from The Associated Press expires 15 days after original publication date. For more information about The Associated Press, please visit www.ap.org .

---

"AMD Sells 8.1 Percent Stake to Abu Dhabi (Update)." November 16th, 2007. http://phys.org/news114439398.html