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AMD and Freescale Fire Sales Won t Burn Austin

Posted on August 25, 2008

AMD finally announced that it has unloaded its digital television chip division to Broadcom for the low, low price of $192.8 million cash, which it should have done ages ago. The news should cheer investors who have been repeatedly disappointed by AMD s earnings, and should also elate Broadcom which walked away with a steal on which it can base its DTV efforts.Meanwhile, just a few miles up the road from AMD s Austin campus, Freescale may be entertaining buyers as well. An article in the Austin American Statesman gives substance to some rumors I d heard about the wireless chip division b...

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