Wednesday, April 6, 2011

AMD Amends Agreement With GlobalFoundries

AMD has revised its purchase agreement with Global Foundries in a move that will allow the CPU design firm to recognize a $492 million non-cash gain in Q1. Instead of purchasing 45nm and 32nm wafers on a "cost-plus" basis, Sunnyvale will pay GlobalFoundries a fixed price for products through the end of the year. Reactions to the change have...

Source: http://hothardware.com/News/AMD-Amends-Agreement-With-GlobalFoundries/

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