AMD amends GlobalFoundries deal, will buy $2.1 billion worth of wafers


FILE PHOTO: A sign of AMD is seen at the China Digital Entertainment Expo and Conference, also known as ChinaJoy, in Shanghai, China July 30, 2021. Picture taken July 30, 2021. REUTERS/Aly Song

(Reuters) -Chip firm Advanced Micro Devices will acquire about $2.1 billion of silicon wafers from GlobalFoundries from 2022 through 2025 in an amended agreement, according to a regulatory filing on Thursday.

AMD had agreed to buy $1.6 billion worth of chips between 2022 and 2024, according to a filing with the U.S. Securities and Exchange Commission in May. Wafers are the large discs of silicon on which computer chips are made.

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