Mubadala Gets Concessions in Exchange for Amendment to Wafer Agreement
On August 30, 2016, Advanced Micro Devices, Inc. (AMD) added a 6th amendment to the Wafer Supply Agreement with GLOBALFOUNDRIES Inc. GLOBALFOUNDRIES spun off from AMD in 2009. In response to the 6th amendment, AMD entered into a warrant agreement with West Coast Hitech L.P., a sovereign wealth enterprise (SWE) of Mubadala Development Company. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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