[EDIT]hmmm.....whats going on at AMD? (and history of 3Dfx Rampage)

[RolloTheGreat]

AMD and Fujitsu announce joint venture: http://www.techpowerup.com/222085/amd-an...sembly-j-v

•NFME's affiliates have purchased an 85 percent share of AMD's Penang, Malaysia and Suzhou, China ATMP operations and act as controlling partner for the new joint venture business.
•AMD received from NFME approximately $371 million, excluding purchase price adjustments, with net cash proceeds of approximately $320 million after payment of taxes and other customary expenses. AMD retains a 15 percent ownership of the Penang and Suzhou operations.
•The transaction is expected to be cost neutral to AMD's P&L while significantly reducing AMD's capital expenditures. AMD will account for its 15 percent ownership stake in the joint venture and its results of operations under the equity method of accounting.
•Approximately 1,700 AMD employees transitioned to the joint venture.

Not sure how "joint" losing 85% control and all the employees is.

I would have titled this "AMD sells more stuff".