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AMD preparing to lay off 20-30% of workforce

Chipmaker AMD is purportedly preparing to lay off up to one-third of its workforce, according to All Things D and its sources familiar with the company's plans. Amongst positions proposed for elimination are sales and engineering -- a category which…

AMD revises GlobalFoundries supply deal to improve output

AMD revealed today it has made an amendment to its wafer-supply agreement with GlobalFoundries, the spinout of its own foundry operations, in a way that "better aligns to AMD's business and incentivizes GlobalFoundries to continue improving 32nm yields." Under the…