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Thread: News - AMD spends $320 million to amend wafer supply agreement

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    News - AMD spends $320 million to amend wafer supply agreement

    Heavy penalty incurred to better align with “today’s PC market dynamics”. (the PC sales slump)
    Read more.

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    Re: News - AMD spends $320 million to amend wafer supply agreement

    Yet more bad knews. This is more money that should be going to R&D instead.

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    Re: News - AMD spends $320 million to amend wafer supply agreement

    Funnily enough the same company which owns GF,also has increased their ownership of AMD to 19% and has had another representative on the AMD board. It seems the total amount of wafers bought upto Q1 2014 has been reduced,so I wonder even with this fee,will they be spending less overall,even if it is not much less??

    Edit!!

    It seems around only around $65 million in total:

    http://www.brightsideofnews.com/news...agreement.aspx

    I suppose with less inventory,there is a lower chance of unsold stock.
    Last edited by CAT-THE-FIFTH; 11-12-2012 at 12:45 AM.

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    Re: News - AMD spends $320 million to amend wafer supply agreement

    AMD sold there manufacturing side of the business off and now have to pay them off to get out of overplayed contract, didn't think to do that before selling there remaining 8.8% in Global Foundries...

    How ironic would it be that Global Foundries buy up AMD.

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    Re: News - AMD spends $320 million to amend wafer supply agreement

    Quote Originally Posted by Lorcaran View Post
    How ironic would it be that Global Foundries buy up AMD.
    I guess so.

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