Never believe it unti the company officially denies it...
Figures JH would say this...I can think of a way..
"It’s incredibly difficult to see how a spinoff now would serve any of AMD’s interests or create long-term stable revenue lines for either of the resulting firms".
http://www.extremetech.com/extreme/208659-reuters-claims-amd-mulling-breakup-or-spinoff-company-denies-rumors