BRIEF-AMD Amendment Of GlobalFoundries Wafer Supply Agreement_老虎社区_美港股上老虎

BRIEF-AMD Amendment Of GlobalFoundries Wafer Supply Agreement

Reuters2021-12-24

Dec 23 (Reuters) - Advanced Micro Devices Inc :

* ADVANCED MICRO DEVICES INC - ENTERED INTO FIRST AMENDMENT TO ITS AMENDED AND RESTATED SEVENTH AMENDMENT TO WAFER SUPPLY AGREEMENT WITH GLOBALFOUNDRIES

* ADVANCED MICRO DEVICES INC - AMENDMENT TO EXTEND GF'S CAPACITY COMMITMENT AND WAFER PRICING TO COMPANY

* ADVANCED MICRO DEVICES INC - GF AGREED TO INCREASE MINIMUM ANNUAL CAPACITY ALLOCATION TO COMPANY FOR YEARS 2022 THROUGH 2025

* ADVANCED MICRO DEVICES INC - PARTIES AGREED TO NEW PRICING AND ANNUAL WAFER PURCHASE TARGETS FOR YEARS 2022 THROUGH 2025

* ADVANCED MICRO DEVICES - CURRENTLY ESTIMATES IT WILL PURCHASE ABOUT $2.1 BILLION OF WAFERS IN TOTAL FROM GF FOR YEARS 2022 THROUGH 2025 UNDER AMENDMENT

* ADVANCED MICRO DEVICES INC - PARTIES MODIFIED PRE-PAYMENTS AGREED TO BY COMPANY TO GF FOR THOSE WAFERS IN 2022 AND 2023

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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