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AMD Globalfoundries Share Will Gradually Decline |
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Written by Chris Tom
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Tuesday, 30 June 2009 12:08 |
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Xbit reports that AMD says that AMD will decrease their share of Global Foundries over time.At present AMD owns 34% stake in Globalfoundries, whereas the rest belongs to ATIC. The latter claims that it will receive “committed future funding of a minimum of $3.6 billion and up to $6 billion over the next five years to support growth even amidst times of economic uncertainty”. Considering the current financial state of AMD, it may simply be unable to invest into Globalfoundries in the coming years.
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