AMD and GLOBALFOUNDRIES form new agreement


AMD amended its wafer supply agreement with GLOBALFOUNDRIES Inc., with a negotiated wafer price mechanism for 2012. AMD will also transfer its remaining ownership interest in GLOBALFOUNDRIES to GLOBALFOUNDRIES, eliminating its equity stake in the foundry company. AMD relinquishes its board seat at the foundry.

GLOBALFOUNDRIES, celebrating its 3-year anniversary of operation, will now be wholly owned by the Advanced Technology Investment Company (ATIC), the company announced. ???M.C.

Solid State Technology, Volume 55, Issue 3, April 2012

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