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According to Reuters, Abu Dhabi's Mubadala Development claims to have purchased over eight percent of AMD. A spokesman for AMD declined to comment on the deal.
"We have already bought the stake as of today," Mubdala's chief operating officer, Waleed al-Mokarrab al-Muhairi, told Reuters in a text message. He did not say how much Mubadala, owned by the government of the world's sixth-largest oil exporter, had paid for the stake.