By: Benzinga
AMD Announces Amendment of Wafer Supply Agreement with Globalfoundries
AMD (NYSE: AMD ) today announced that it successfully amended its Wafer Supply Agreement (WSA) with Globalfoundries Inc. The closure of amendment negotiations solidifies AMD's new operating model as communicated at the third quarter 2012 earnings announcement. To better align with today's PC market dynamics, AMD and Globalfoundries agreed on purchase
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