AMD has announced it will only buy $115 million of processor chip wafers from Globalfoundries in the fourth quarter of 2012, a massive decrease compared to its previous plan of paying $500 million. More...

AMD announced that it lost $590 million in its last fiscal quarter but added that it still had "solid results" as the results included a one time accounting charge of $703 million. More...

Globalfoundries, the company that once was a part of AMD's chip manufacturing business, has now bought back its remaining shares from AMD to become a true independent foundry. More...