Items tagged with chip fabrication

To celebrate its third anniversary as a chip manufacturing foundry, Globalfoundries over the weekend announced an agreement with Advanced Micro Devices (AMD) to buy out all remaining shares to achieve full independence. Under the amended agreement, AMD will continue to be one of Globalfoundries' "primary and strategic customers," only without a stake in the foundry, which is now wholly owned by the Advanced Technology Investment Company (ATIC). "Today marks the start of a new era for Globalfoundries as it becomes a truly independent foundry," said Globalfoundries CEO Ajit Manocha. "Globalfoundries has a clear vision to be the leading semiconductor foundry partner to AMD and one of the world's... Read more...