Advanced Micro Devices - Moderated (AMD) Message Board

3/4/2012 11:59:54 PM

AMD Amends Wafer Supply Agreement With GLOBALFOUNDRIES

"AMD (NYSE: AMD - News) today announced that it entered into an amendment to its Wafer Supply Agreement (WSA) with GLOBALFOUNDRIES Inc. In this amendment, AMD and GLOBALFOUNDRIES agreed to a negotiated wafer price mechanism for 2012. AMD also agreed to transfer its remaining ownership interest in GLOBALFOUNDRIES to GLOBALFOUNDRIES and, as a result, AMD will no longer hold an equity stake in GLOBALFOUNDRIES."

finance.yahoo.com

Mahmoud