AMD to Increase Global Foundries Chip Production
After Global Foundries was formed from the Advanced Micro Devices manufacturing arm, they have flourished into one of the top semiconductor foundries on the global markets. Part of their success can be contributed to their contracts with AMD to produce a portion of their processors. Recently, Global Foundries has been looking to even further increase their size by the potential acquisition of IBM’s semiconductor fabrication facilities.
AMD and Global Foundries reached an agreement increasing the amount of production done by the company. With this agreement, AMD projects that they will pay Global Foundries around $1.2 billion by the end of 2014. Their production prices will be fixed for the duration of their agreement. AMD has made this decision reflecting their projections for this year, increasing production quantities of PC semiconductors and some GPU and APU products.
Between the increase of production for AMD and the prospective purchase for Global Foundries, both companies seem to be in very good shape for the future. AMD is in a very good position to increase their own sales and finally stand up against the massive Intel market. In all, Global Foundries just continues to grow in success as AMD and other companies increase their demand for semiconductor products.
As Originally Written by DanielB