IT House Reported On December 24, Reuters reported that amD has now amended its agreement with Global Foundries to purchase about $2.1 billion from the company from 2022 to 2025, according to a regulatory filing on Thursday.
Earlier, AMD had agreed to purchase $1.6 billion worth of chips between 2022 and 2024, according to filings with the U.S. Securities and Exchange Commission in May.
GF announced that it has agreed to modify its Wafer Supply Agreement (WSA) with AMD to increase chip supply and extend the terms of the agreement until 2025. Embedded and other growth markets.
GF has been manufacturing chips for AMD for more than 12 years, and this new agreement continues a long-standing partnership to ensure supply to AMD's growing business.
"For more than a year, we've been working closely with our customers to help address the ongoing supply-demand imbalance in our industry," said Tom Caulfield, CEO of GF. "Our revised agreement with AMD is a great example of our customers' desire and willingness to ensure long-term supply. The agreement not only increases the number of chips we will produce for AMD, but also secures and extends their supply through 2025. ”
IT Home learned that GF was created by AMD when it spun off its chip factory business in 2009 and has been supplying AMD ever since, but in 2018 it decided to stop pursuing advanced processes, and AMD turned to TSMC.
Although TSMC is now a major supplier to AMD, the latter still relies on some of GF's components and technologies, such as stitching together its chip chips.
![The lack of chips has led to price increases, and chip manufacturers have signed long-term supply agreements[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)