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Short Take: AMD considering spin-off of Vantis unit

Advanced Micro Devices may spin off its programmable logic unit, Vantis, or launch another stock offering as a means of raising more capital, the company disclosed in a SEC filing. The unit faced declining sales during its second quarter, offsetting revenue gains from its K6 microprocessors.

Advanced Micro Devices may spin off its programmable logic unit, Vantis, or launch another stock offering as a means of raising more capital, the company disclosed in a SEC filing. The unit faced declining sales during its second quarter, offsetting revenue gains from its K6 microprocessors.