AMD Significant Reduces Wafer Purchase Order from Globalfoundries

Maximum PC: Everyone seems to be tightening their belts these days, including Advanced Micro Devices (AMD). Strapped for cash and in the midst of an ambitious restructuring effort, the Sunnyvale chip designer amended its Wafer Supply Agreement (WSA) with Globalfoundries. Under terms of the revised deal, AMD is only on the hook to purchase a third of the wafers it previously agreed to, though it comes at the cost of a hefty fine.

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newsguy1992d ago

you gotta do what you gotta do.