When AMD originally spun off its foundry business in 2008, the resulting Foundry Company (as it was called back then) was 55.6% ATIC owned and 44.4% AMD owned. Since then the Foundry Company has been rebranded Global Foundries and has been on a march towards independence. Plans for additional fabs and the acquisition of Chartered Semiconductor both strengthened GF as a player in the foundry space. A closer relationship with ARM and its partners has also been a key element of GF's strategy.

AMD has been divesting itself from Global Foundries over the past few years and today announced that it has aquired the remaining shares of the company from AMD (approximately 14% of the company). Global Foundries is now completely independent of AMD, and AMD is now a regular partner/customer of GF's.

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  • chizow - Monday, March 5, 2012 - link

    Nah, you can keep your job, I've been finished with HS for years.
  • BSMonitor - Monday, March 5, 2012 - link

    Didn't Intel have a beef with the spin-off of Global Foundries?? Something about the x86 cross-licensing and allowing a separate Global Foundries to manufacture x86 intellectual property of Intel??

    I thought part of the settlement had to do with AMD keeping a share of GF??
  • tipoo - Monday, March 5, 2012 - link

    I'm not completely sure but wouldn't the x86 licence just cover creation and ownership, not manufacture? Like TSMC makes chips for a number of clients but they don't own any of the chips so they don't have to pay licence fees to ARM or anyone else, only their clients do.
  • Roland00Address - Monday, March 5, 2012 - link

    Intel and AMD settled that dispute in late 2009, Intel is now fine with AMD going fabless. They reached this agreement during the same meeting where Intel gave 1.25 billion dollars to AMD so AMD would drop their civil suit against Intel due to Intel business practices with the OEMs during the early 2000s.


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