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AMD for Sale?

AMD has hired JPMorgan Chase explore options, including the sale of patents, and possibly the sale of the entire company, reports Reuters. They attribute this to "sources familiar with the situation," but also have the following statement from AMD confirming the possibility of selling off technology, but stating the company itself is not on the market: "AMD's board and management believe that the strategy the company is currently pursuing to drive long-term growth by leveraging AMD's highly-differentiated technology assets is the right approach to enhance shareholder value. AMD is not actively pursuing a sale of the company or significant assets at this time." Thanks nin via Gizmodo.

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