As per the new Wafer Supply Agreement, AMD is expected to purchase $2.1 billion of semiconductor chips from GlobalFoundries until 2025
GlobalFoundries announced that it has agreed to amend its Wafer Supply Agreement (WSA) with AMD to increase the volume of chips GF will supply as well as extend the terms of the agreement to secure supply through 2025.
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The agreement also expands the breadth of the partnership, including supply assurance for AMD chips serving the datacenter, personal computing, embedded and other growth markets. GlobalFoundries has been manufacturing high-performance chips for AMD for more than 12 years, and with this agreement, AMD now expects to purchase approximately $2.1 billion of wafers from GF between 2022 and 2025.
With The global demand for semiconductors growing at an unprecedented rate, and GlobalFoundries is responding to this growth through a series of strategic long-term agreements with existing and new customers and simultaneously expanding global capacity to meet customer demand.
“We have been working closely with our customers for more than a year to help address the ongoing supply-demand imbalance in our industry. Our amended agreement with AMD is a prime example of our customers’ desire and willingness to secure long-term supply. This agreement not only increases the volume of chips we will be producing for AMD, it also secures and extends their supply through 2025,” said Tom Caulfield, CEO, GlobalFoundries.
