http://www.engadget.com/2012/12/07/amd-cuts-silicon-orders-suffers-consequences/
Mod edit: Incorrect post format.
Edited by 996gt2 - 12/7/12 at 6:02pm
Quote:
"AMD has just significantly reduced its order for silicon wafers from its old mate Globalfoundries, in an effort to avoid the inventory surpluses and write-downs that have recently plagued its balance sheet. Instead of buying the originally agreed $500 million-worth of cake trays this quarter, it's now committed to spending just $115 million. Except it was never, ever gonna be that simple. In lieu of reneging on its contract at short notice, AMD will have to pay Globalfoundries a $320 million penalty on top, bringing the final cost of the deal to just $65 million less than what it would have paid for the full order."
Mod edit: Incorrect post format.
Edited by 996gt2 - 12/7/12 at 6:02pm












