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AMD, Investment Company to Create Foundry |
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AMD and the Advanced Technology Investment Co. of Abu Dhabi announced the companies will create a global enterprise, The Foundry Company, to address the market for semiconductor manufacturing.
The Foundry Company intends to proceed with a planned capacity
expansion in Dresden, Germany. In addition, the company plans to begin
construction on a state-of-the-art facility in Saratoga County, NY,
creating more than 1,465 highly-skilled jobs. Once operational, the New
York facility will reportedly be the only independently-managed
semiconductor manufacturing foundry in the U.S. www.newglobalfoundry.com Listen to the webcast
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