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First, John Nack of Adobe had a blog post on this matter, which is more of a meta-post: "Adobe isn't in the Flash business Seriously.
Intel will sell only the part of its flash business known as NOR, used in cellphones, and will receive a stake of about 45percentt in the new company and $432 million in cash.
Using already fully depreciated U.S. plants also makes the flash business look better on the bottom line.
And few companies stand to gain as much as AMD from the improvement in the fortunes of the flash business.
The boost in AMD's flash business hasn't been sufficient to help it out of a slump caused mostly by depressed demand for its PC microprocessors.
The research firm cited continued excellent performance from AMD's microprocessor business, and the impending spin-off of its flash business as reasons for the upgrade.
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These include the commodity-nature of the DRAM and NAND flash businesses and the lack of current profitability.
"It's running and jumping grin-flashing business as usual for Cruise, once more on safe character territory as an Ethan Hunt-esque action protagonist who couples up with a much younger woman, while another woman chases after him," he wrote.
"We continue to believe AMD is positioning itself to sell its Flash memory business and augment its processor business," CSFB said.
As its Chief Financial Officer Robert Rivet explained in a statement, "Although third-quarter sales are anticipated to be lower than projected due to softness in our profitable flash memory business, sales in our microprocessor business remained strong, driven by increased demand for AMD64 processors".
It would seem likely that if the company sells its flash memory business, it will also want to sell it's HDD business.
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