Rumor: AMD to move out of its Sunnyvale corporate HQ
by from Techreport on (#1BQAD)
AMD's gleaming white corporate headquarters in Sunnyvale, California has long served as an iconic representation of the company. If a new report is correct, though, AMD's time at that location may be coming to a close in the next couple years. The Silicon Valley Business Journal suggests California real estate developer Irvine Company is in talks to acquire the campus from its present owner, W.P. Carey, which leases the site to AMD. The Irvine Company plans to convert the site into a residential complex, the paper's sources say. Irvine, W.P. Carey, and AMD all declined to comment.
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