Does $Advanced Micro Devices (AMD.US)$ still own a significa...
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GlobalFoundries IPO: the third-largest in the world.
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Dont Lose Money : AMD went separate way in 2009 I think, but continue to tie up for Globalfoundries to supply the fab. Globalfoundries was a loss making firm although it’s now the 3rd largest behind TSM and Samsung in fab production.
Stockaholic : fully divested
Nick_TradingVersion : I believe it's at 28%... May have gone down...
enderspawn Nick_TradingVersion: AMD doesn't own any GF. Mubadala, who owns GF, had a big stake in AMD, I think they still have some. I think they were required to be under some %, like 14% or such. I don't really care enough to dig that up.
enderspawn : It seems they got out completely. There may still be an active agreement to make a certain amount of chips at GloFo but the clock must be close to running out on the deal.
benchtrio-update : Wafer contracts are unrelated to whether AMD owns part of GF or vice versa.