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[EG] Globalfoundries buys out AMD to become fully independent chip maker

post #1 of 37
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Globalfoundries has celebrated its third anniversary by announcing that it's agreed terms with AMD to buy out its remaining stake in the company to go it alone. Whilst Sunnyvale will remain a key customer to the chip foundry, the nuts and bolts of ownership will be wholly in the hands of ATIC. The company now provides a big chunk of AMD's 32nm wafers and is now kicking off a $3 billion spending plan to kit out its facilities in Singapore, Germany and New York. It looks like the single life will allow it to spend equal time and effort refining those 20nm ARM chips promised for 2013 as well as its new partnership with IBM.

You can see the press release at the source.
    
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post #2 of 37
This is huge... Why are there not more comments?
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post #3 of 37
The title of the article is misleading, GF only bought the rest of AMD's share, not AMD in its entirety.
post #4 of 37
To many people are shocked.
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post #5 of 37
Yeah, I just re-read it. Crap title.
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post #6 of 37
AMD has become completely fabless now like they wanted.
post #7 of 37
Took me a re-read to get the jist as well, I was like WTH$%^, then said oh ok, no bigee.

It should say "Globalfoundries buys out AMD's % of shares to become a fully independent chip maker"
Edited by Ghoxt - 3/5/12 at 11:55am
post #8 of 37
Check out this thread too--same topic: http://www.overclock.net/t/1224851/wsj-amd-globalfoundries-restructure-relationship#post_16631961

Pretty much sounds like AMD is done dealing with GF and wants to wash their hands of them.
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Originally Posted by Riou View Post

AMD has become completely fabless now like they wanted.

They recently announced that they struck up a deal with IBM to do some of their fab (I think?).
    
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post #9 of 37
wow!tytyty ,men there is a god on this earth!amd and ibm!again!this couldnt be a better news!yes it is via globalfoundrys!nvm that!potato !potato!same thing pronounced differently!wow i am so joyous with this news ,finally someone that isnt amd gona decide!HELL YA!GOOD JOB GLOBAL FOUNDRY(AND IBM)
as for title misleading !nope!it does say independant chip maker!this means it can sell them to who ever they like and ibm sell their engineering to whoever they like this is way bigger news then it looks!
Edited by drbaltazar - 3/5/12 at 12:01pm
post #10 of 37
Good! Hopefully AMD moves all it's CPUs and APUs to TSMC.
 
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