SUNNYVALE, CA -- (Marketwired) -- 08/31/16 --
AMD (NASDAQ: AMD)
Comprehensive 5-year amendment strengthens strategic partnership and provides AMD with flexibility in sourcing foundry services in 14nm and 7nm technology nodes
Establishes a framework for technology collaboration between AMD and GF at the 7nm technology node
AMD issues a warrant for common stock to Mubadala-owned company
AMD (NASDAQ: AMD) announced that it has entered into a long-term amendment to its Wafer Supply Agreement (WSA) with GLOBALFOUNDRIES Inc. (GF) for the period from Jan. 1, 2016 to Dec. 31, 2020.
"The five-year amendment furt...