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AMD Slated to Receive 56 Million CAD Grant from Ontario Government

btarunr

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#1
AMD today announced that it has entered into a Memorandum of Understanding with the Ontario Ministry of Economic Development and Trade, under which the Ministry will award a five-year grant of $56.4 million CAD ($52.8M USD) to AMD Canada under Ontario’s Next Generation of Jobs Fund. The grant is expected to fund R&D activities by AMD’s Markham-based engineers in the development of its upcoming AMD Fusion family of processors, related software infrastructure and integrated computing platforms. Ontario expects to make its initial investment of $11.2 million CAD to AMD upon signing the formal agreement, with periodic payments occurring thereafter throughout the grant period.

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#2
Looks like the news are in favor of AMD these days. :toast:
 
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We canadians rock :D Maybe now they can lower the prices?
 
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#4
Markham = good old ati campus :p
 
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#5
damn you socialism!! how dare you create jobs and further the spread of technology! :shadedshu
 
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#6
Damn you open markets for funding every socialist movement!

56 million couldn't possibly make a big difference, could it?
 
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#7
Good for ATI and the CNDs working there, a bit more job security for at least 5 yrs I guess, maybe get some more driver options too!!

I wonder if they do the old ATI chipset R&D there also on top of the GPU?
 

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#8
56 million will pay for a lot of jobs
 

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#9
Good for ATI and the CNDs working there, a bit more job security for at least 5 yrs I guess, maybe get some more driver options too!!

I wonder if they do the old ATI chipset R&D there also on top of the GPU?
This is where ATI originated before AMD and ATI got into agreement of merging.
 

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#10
More good news for AMD, I am beginning to think the Intel settlement has really begun to pay off in more ways than one.
 
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#11
Good for ATI and the CNDs working there, a bit more job security for at least 5 yrs I guess, maybe get some more driver options too!!

I wonder if they do the old ATI chipset R&D there also on top of the GPU?
they do that and cat development.Also all cards sold in North America go through there,I have a friend who`s wife works in the packaging department.Also most of the new gpu/cpu designs are there.You should see if Whizz can take a tour in that building.