The Foundry Company: AMD Fab Spin-Off

"AMD and Advanced Technology Investment Company of Abu Dhabi to Create New Leading-Edge Semiconductor Manufacturing Company "

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The Foundry Company: AMD Fab Spin-Off
AMD [NYSE: AMD] and the Advanced Technology Investment Company (ATIC) of Abu Dhabi today announced the creation of a U.S.-headquartered, leading-edge semiconductor manufacturing company to address growing demand for independent, leading-edge foundry production capabilities. The new global company, to be temporarily called “The Foundry Company”, will serve this need by combining advanced process technology, industry-leading manufacturing facilities and aggressive plans to expand its global capacity footprint. At the same time, the Mubadala Development Company will increase its current investment in AMD to 19.3 percent on a fully diluted basis.

AMD will contribute to The Foundry Company its manufacturing facilities, including two fabrication facilities in Dresden, Germany, as well as related assets and intellectual property rights. ATIC will invest $2.1 billion to purchase its stake in The Foundry Company, of which it will invest $1.4 billion directly in the new entity and the remainder will be paid to AMD to purchase additional shares in The Foundry Company. The Foundry Company will also assume approximately $1.2 billion of AMD’s existing debt. ATIC has committed additional equity funding to The Foundry Company of a minimum of $3.6 billion and up to $6.0 billion over the next five years to fund the expansion of The Foundry Company’s chip-making capacity beyond the manufacturing facilities initially contributed by AMD. These funds will be used by The Foundry Company to (i) proceed with capacity expansion at its fabs in Dresden, Germany, including an upgrade of one of its fabs to a state-of-the-art facility, and (ii) begin construction on a new state-of-the-art facility in Saratoga County, New York, subject to the transfer of previously-approved New York State incentives. The New York facility is expected to create more than 1,400 direct jobs, and, through its operation, to generate an additional 5,000 jobs in the region. Once operational, the New York facility will be the only independently-managed, leading-edge semiconductor manufacturing foundry in the United States.

Global demand for independent foundry manufacturing is growing because leading semiconductor companies are exiting manufacturing, as the cost and complexity increases and capital and research and development costs have become too high. In addition, the world’s requirements for devices that use more advanced semiconductors continue to grow, and the IBM technology alliance, to which The Foundry Company will belong, creates an increasingly larger foundation for semiconductor innovation.
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Most Recent Comments

04-10-2008, 13:36:50

I was looking, and there's a ton of 4870 1 GB's, and I was wondering, what makes them better than the rest. They all look exactly the same, but the graphics and the brand, so I don't know. They're all from good brands; so does one run cooler, or quieter, or have any thing better than the others. Here they are. Are they all the same, or one's better than the others? Thanks!


04-10-2008, 13:51:51

I'd take the Asus one, simply because of the three year warranty ;)

Although I do like to stay with the origional manufacturers.

04-10-2008, 13:53:09

As long as you stay clear of Sapphire it should be good, though I can't vouch for any of the others, except Asus. I've ordered an Asus HD4870x2, and I'm expecting good things. Had a Sapphire X800-card back in the days, and it was utter crap from the day I got it. Bad drivers, bad cooling, bad performance, bad everything.

04-10-2008, 13:55:51

They've sorted it out now, Sapphire is actually a very good brand now buddy. Their drivers are very good from what I've heard from friends, and they don't over heat as long as you turn the fan speed up to around 40% which is still very quiet.

Though, I am very tempted by Asus for their three years of warranty, that seals the deal for me!

04-10-2008, 14:02:31

i got a powercolour purely because it was the only one in stock :D comes down to warranty abd bundles i guess, some have better than others

04-10-2008, 14:25:12

i went visiontek for my 2 4850s but i would say asus from your list.. plus dont they have an aftermarket cooler on it?

i would stay away from sapphire ive heard horror stories with their customer service dept.

04-10-2008, 22:19:57

So pretty much go with Diamond or HIS cause they're the original's, or ASUS for the warranty? And I think I'll just go with Diamond cause I hear they have the best and latest drivers.

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