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Sovereign Wealth Funds Briefing - Categorized | People

Mubadala adds second board member to AMD

Posted on 12 November 2012

Abu Dhabi government investment vehicle Mubadala Development Company has added a second board member to Advanced Micro Devices (AMD), the troubled US chip maker in which it owns an almost 20 percent stake.
In a statement, Mubadala said it nominated Ahmed Yahia Al Idrissi to the California-based semiconductor firm’s board of directors. “The appointment of Ahmed to the AMD board is consistent with Mubadala’s long-standing commitment to the company and a reflection of the importance of the semiconductor industry to the Mubadala portfolio,” AMD said………………………………………..Full Article: Source


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