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GloFo gets order for $1.2B in chips

Work to be done in Malta or German site

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Advanced Micro Devices will be increasing its computer-chip purchases from GlobalFoundries this year, the company said. AMD, which was once GlobalFoundries’ parent company, will buy $1.2 billion worth of chips from GlobalFoundries during 2014, according to a company announcement. That would be up from $960 million last year, but about the same as was purchased in 2012. Under the terms of an amended wafer-supply agreement, GlobalFoundries will make chips for AMD’s personal computer microprocessor needs, ...

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