#MarketSentimentWatch Advanced Micro Devices Inc. (NASDAQ: #AMD ) is in talks with companies in Asia to sell its data center manufacturing facilities, Bloomberg reported, citing people familiar with the matter. The chipmaker acquired the facilities last year.
Several Taiwanese companies, including Compal Electronics Inc., Inventec Corp., Pegatron Corp. and Wistron Corp., have expressed interest in acquiring the assets. The companies, including debt, are valued at $3 billion to $4 billion.
The deal could be announced as early as the second quarter, according to the people, who spoke on condition of anonymity because of the confidential nature of the talks. However, they stressed that the discussions are still ongoing and there is no guarantee that Santa Clara, California-based AMD will reach an agreement.
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