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AMD and ATIC of Abu Dhabi to Create New Semiconductor Manufacturing Company

malware

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#1
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.


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#3
another rich sheikh investor for amd , is good they need money now...
 

WarEagleAU

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#4
Wow, huge news and a boon for AMD. I hope to see great things from this company. More comments when I leave work today.
 
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#5
Very interesting. Wow, the geo-econo-political landscape is changing rapidly.
 
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#6
I've to say this is a great news for my country (i'm from UAE and i live in Abu Dhabi ;P)

Even though i like Intel more than AMD i think this is going to move the computer industry in my region a little and help it to grow.

Dude i can no longer order hardware's from Amazon.com its too expensive i wish this new HQ attract more hardware providers to my country.

Btw i always check site everyday so i know most of you since a year now but when i saw this news i thought i should register and be a member of this great community, one last thing excuse me if i misspelled any word...
 
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#7
Well, hopefully this won't hurt them any -- it's not like they have to produce the chips themselves, I guess. Nvidia doesn't produce its own chips, and they're hugely successful.
 

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#8
Well, it has begun. I thought something like this was coming for a long time. Though i suspected that someone would simply buy AMD outright. I think this great news from AMD though, they will get some relief from their financial troubles and still remain an independent chip maker.
 

zOaib

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#9
I've to say this is a great news for my country (i'm from UAE and i live in Abu Dhabi ;P)

Even though i like Intel more than AMD i think this is going to move the computer industry in my region a little and help it to grow.

Dude i can no longer order hardware's from Amazon.com its too expensive i wish this new HQ attract more hardware providers to my country.

Btw i always check site everyday so i know most of you since a year now but when i saw this news i thought i should register and be a member of this great community, one last thing excuse me if i misspelled any word...
ahlan wa sahlin

lived in Dubai for like 8 yrs myself , awesome place to live

and welcome.
 
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#10

mlupple

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#11
AMD is teaming up with Emirates... I'm not buying any more AMD or ATI products.
 

Nyte

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#12
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#13
This is interesting, AMD now has a new financial lifeline if they get goose-chased by Nvidia and/or Intel again. I'm seeing hope for AMD. Cleverly done.
 
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#14
That Hector Ruiz simply will not leave?:mad::banghead:
 
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#16

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#17
AMD is teaming up with Emirates... I'm not buying any more AMD or ATI products.
america running huge deficit every fuckin year, that is borrowing from the others, including the Emirates, what should you do? kill yourself? :nutkick:
 
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#18

KBD

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#19
america running huge deficit every fuckin year, that is borrowing from the others, including the Emirates, what should you do? kill yourself? :nutkick:
this has nothing to do with with a deficit, trade or otherwise. Its called an investment not borrowing. Thats is a good thing. It would be scary if no one wanted to invest in the US economy than we will be in serious trouble. I'm not saying that we should allow all kinds of countries to invest without doing some backround checking but UAE is wealthy country that sits on all kinds of cash, they are one of the more enlighted nations in the Islamic world. There is nothing bad about them helping AMD
 
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#20
this has nothing to do with with a deficit, trade or otherwise. Its called an investment not borrowing. Thats is a good thing. It would be scary if no one wanted to invest in the US economy than we will be in serious trouble. I'm not saying that we should allow all kinds of countries to invest without doing some backround checking but UAE is wealthy country that sits on all kinds of cash, they are one of the more enlighted nations in the Islamic world. There is nothing bad about them helping AMD
Thank you for bringing some sanity and light into this discussion. Not all Islamic countries are extremist or support Al-Qaida. Thats like saying all blacks are criminals and all whites are racists. The UAE, is a relatively enlightened country that is looking beyond oil and making investments in the future. I will be only too happy to purchase a computer product that isn't made in China for a change.
 

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#21
AMD is teaming up with Emirates... I'm not buying any more AMD or ATI products.
It's good to be concerned about where your money is going, however in this case, as others have pointed out, you may need to do some more research.

Often we spend money on products and are not aware of who the money is going to or supporting. Supporting our country is also noble, however we must be careful this does not turn into blind nationalism.

By all means though be an informed consumer, just make sure you are informed by the facts and not by popular sentiment or generalisations.

As an AMD fan it is good news to hear that it has secured further investment.

Tye
 

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#22
cool so more AMD chips will come from this right?
 

KBD

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#23
cool so more AMD chips will come from this right?
I'm hoping better AMD chips will come from this as they'll have a new fab in NY and more money for R&D.
 

mlupple

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#24
It's good to be concerned about where your money is going, however in this case, as others have pointed out, you may need to do some more research.

Often we spend money on products and are not aware of who the money is going to or supporting. Supporting our country is also noble, however we must be careful this does not turn into blind nationalism.

By all means though be an informed consumer, just make sure you are informed by the facts and not by popular sentiment or generalisations.

As an AMD fan it is good news to hear that it has secured further investment.

Tye
Switching to Nvidia and Intel from AMD is blind nationalism? This just means I'm not going to be a blind AMD fanboy. I have a 2900XT, and was looking to buy a phenom.... I knew all along they are inferior, i was just a fan.

Now I have a legitimate excuse to cut the bull.
 

HAL7000

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#25
This is good news for AMD and their consumers.

OEM's will start investing again with confidence, with better hardware support for the AMD platform. Kudos to the thinkers at AMD and for ATIC for investing in a company they believe in.

As for Ruiz....he is like a bad penny that keeps showing up.