AMD Globalfoundries Share Will Gradually Decline
AMD Globalfoundries Share Will Gradually Decline PDF Print E-mail
Written by Chris Tom   
Tuesday, 30 June 2009 12:08

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.



Add this page to your favorite Social Bookmarking websites
Reddit! Del.icio.us! Mixx! Free and Open Source Software News Google! Live! Facebook! StumbleUpon! TwitThis Joomla Free PHP