Despite starting up as a joint venture in 2009, GlobalFoundries and AMD haven't had the best of relationships over the years, with the latter blaming 32nm manufacturing issues for lower-than-expected revenue in 2011. As problems persisted towards the end of…
Posted December 10, 2012, 7:30 AM by Shawn Knight | Filed in Industry News
AMD’s prospects just keep taking a turn for the worse as we approach 2013. The chip maker has suffered from a slow CPU market and increased pressure from rival Intel which has subsequently forced them to reduce their wafer purchase…
Posted October 15, 2012, 12:30 PM by Rick Burgess | Filed in Industry News, Hardware
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…
Posted March 5, 2012, 10:00 AM by Jose Vilches | Filed in Industry News
Exactly three years after spinning off its semiconductor manufacturing arm into a separate entity called GlobalFoundries, AMD is giving up the remaining of its minority stake to Abu Dhabi-based Advanced Technology Investment Company (ATIC). The agreement announced late Sunday includes…
AMD has reportedly enlisted IBM to manufacture some of its next-generation Fusion chips, code-named "Trinity". The move was disclosed by the company's CEO Rory Read at an analyst event and follows a string of low yield issues with 32nm chips…
It seems more troubles await AMD in the microprocessor market. A few days ago rumors started to emerge that the company had cancelled its Wichita and Krishna APUs, the 28nm the successors to its C-Series (codenamed Ontario) and E-Series (codenamed…
AMD has revised its revenue projections for the third quarter ending October 1, citing issues with 32nm chip production at its German Foundry. The second largest PC chip manufacturer now expects its revenue to increase by 4-6% on top of their…
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…
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