AMD takes a $335m one-time charge for more sourcing flexibility
by from Techreport on (#1S9FG)
AMD is altering the wafer supply agreement it's maintained with GlobalFoundries for some time now. In a rather cryptic press release issued this evening, the company says the new agreement "further strengthens our strategic manufacturing relationship with GLOBALFOUNDRIES while providing AMD with increased flexibility to build our high-performance product roadmap with additional foundries in the 14nm and 7nm technology nodes."
As AMD tells it, the ...