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GloFo becomes fully-independent foundry company.
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Read more.Quote:
GloFo becomes fully-independent foundry company.
YES, regardless of the cost over the next two years... it means that AMD can finally let it go and stop losing money in that side! Good news for AMD then, looking like a good year :)
As I've said before, I really, really hope GF steps up to being a very capable and competitive fab but it now gives AMD some much-needed breathing space, to use alternative fabs if necessary to stay competitive.
as an idea - AMD paid GF $209 million for fiscal quater 4, 2011 , which is 50% of the total payoff for the next 2 years