AMD Amends Globalfoundries Wafer Supply Agreement
By Josh Beckerman
Advanced Micro Devices Inc. amended its wafer supply agreement
with Globalfoundries Inc., extending capacity commitments and wafer
pricing "under the backdrop of the current global supply
A prolonged semiconductor shortage has affected production of
cars, appliances and computers.
AMD said the Globalfoundries amendment modifies certain terms
applicable to wafer purchases at the 12 nm and 14 nm technology
nodes for the period from Wednesday through the end of 2024.
Globalfoundries agreed to a minimum annual capacity allocation
to AMD for 2022, 2023 and 2024. The amendment also removes all
prior exclusivity commitments and provides AMD with full
flexibility to contract with any wafer foundry for all products
manufactured at any technology node, AMD said.
AMD currently estimates it will buy about $1.6 billion of wafers
for years 2022 to 2024 under the amendment.
Write to Josh Beckerman at email@example.com
(END) Dow Jones Newswires
May 13, 2021 19:37 ET (23:37 GMT)
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