AMD Benefits from Cryptocurrency Growth, Mubadala Smiles

Posted on 02/10/2018


Despite Abu Dhabi-based Mubadala Investment Company tepidly selling off its large stake in Advanced Micro Devices (AMD), its long-term ownership in the Silicon Valley semiconductor company is benefitting from the virulent growth of cryptocurrencies such as bitcoin, Ethereum and other alt coins. In August 2017, Mubadala sold a 3.9% stake, or 40 million shares, in […]