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posted by takyon on Sunday September 04 2016, @10:02PM   Printer-friendly
from the no-free-fab dept.

AMD and its primary fab partner GlobalFoundries have signed an updated five-year wafer supply agreement that will extend through the end of 2020. The restructuring simultaneously deepens the commitment between the partners and gives AMD limited freedom to see other foundries. In exchange, GlobalFoundries will get some additional compensation.

Per the terms of the agreement, which pertains to AMD's microprocessor, graphics processor, and semi-custom products, AMD will make $25 million cash installments to GlobalFoundries over the next four quarters, for a total cash transfer of $100 million. Beginning in 2017, AMD will be required to make quarterly payments to GlobalFoundries based on the volume of certain wafers it is obtaining from another foundry.

The agreement also stipulates annual wafer purchase targets for the five-year period, sets fixed wafer prices for 2016, and provides a framework for yearly wafer pricing. If annual targets are not met, a penalty will be imposed based on the difference between actual wafer purchases and the target for that year.

takyon: Those are some of the costs of outsourcing your semiconductor fabrication. Let's hope AMD meets those targets.


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  • (Score: 0) by Anonymous Coward on Monday September 05 2016, @02:16AM

    by Anonymous Coward on Monday September 05 2016, @02:16AM (#397625)

    A degree in CS was a professional degree before popular opinion decided CS and IT are the same thing because "computers" are cheap shit so the "scientists" who study them must be overvalued. Economic value dictates value to society, and IT losers are fucking worthless morons.

  • (Score: 2) by quintessence on Monday September 05 2016, @04:57AM

    by quintessence (6227) on Monday September 05 2016, @04:57AM (#397683)

    Economic value dictates value to society

    Not to argue too ardently against this, but society is basically for shit in making meaningful valuations.

    Computers stop running tomorrow and the idiot child who can find the reset button is suddenly Master of the Universe.

    I doubt most CEOs can justify their salaries based upon management of company earnings.

    • (Score: 0) by Anonymous Coward on Monday September 05 2016, @07:44AM

      by Anonymous Coward on Monday September 05 2016, @07:44AM (#397699)

      Not to argue too ardently against this, but society is basically for shit in making meaningful valuations.

      I've seen our waiter here for the last seven years.
      He must be in his fifties.
      Maybe has kids, divorced, second wife, more kids.
      And I wonder what must he think of himself? His life's potential reached at a 30-grand a year salary.
      An economy car he still owes money on.
      A two-bedroom apartment.
      Child support.
      Coupons.
      I couldn't bear it.
      A life like that.
      The life of an ordinary cockroach whose biggest value is to serve me salad.

      And yet without that salad, the man would starve.

      • (Score: 1, Interesting) by Anonymous Coward on Monday September 05 2016, @08:12AM

        by Anonymous Coward on Monday September 05 2016, @08:12AM (#397712)

        Oh, I'd go further.

        Standard waiter can say "fuck you" and walk nearly any time he wants. It's not like there are ten thousand applicants for the job, and he has a decent selection to find work accommodation that meets his needs whether it's hours, work crew, or closeness to his home.

        He isn't tied down by a mortgage, doesn't have to wait to find a buyer before he can pack up and move, and is free to chase his luck without dealing with the albatross of loss aversion.

        In short, he's trade some dollars for peace of mind. Some people are like that.

        Bossman, not so much. And it's painful to rationalize how much you are owned by the job, and even more to realize how little you can be bought for.

        Some mates of mine moved into higher management. I wave at them at their desks as I'm leaving for the day. They've confided they fucked-up. For a few shekels more, they are working insane hours, worry about every fluttering butterfly, and see us more than their families.

        And of course, a brand new boss needs a brand new car with a brand new payment. They are in hock more than me.

        Anyhoo some people are the A-types, which is fine, but it would take a very large sum to essentially buy more comfort than I have now.