Summary
This filing is an amendment (8-K/A) to a previous Current Report on Form 8-K filed by Advanced Micro Devices, Inc. (AMD) on October 6, 2008. The primary purpose of this amendment is to formally attach key definitive agreements related to the formation of a manufacturing joint venture, "The Foundry Company," with Advanced Technology Investment Company LLC (ATIC), an entity wholly owned by the Government of Abu Dhabi. These attached agreements include the Master Transaction Agreement, the form of Shareholders' Agreement, the form of Funding Agreement, and the form of Wafer Supply Agreement. Investors should note that this filing primarily serves to provide the complete documentation for a previously announced significant strategic transaction, rather than disclosing new financial results or operational changes.
Key Highlights
- 1AMD is formally filing definitive agreements related to its previously announced manufacturing joint venture with Abu Dhabi's Advanced Technology Investment Company (ATIC).
- 2The joint venture, named 'The Foundry Company,' aims to create a dedicated semiconductor manufacturing entity.
- 3This 8-K/A filing amends a prior 8-K by attaching the Master Transaction Agreement, Shareholders' Agreement, Funding Agreement, and Wafer Supply Agreement as exhibits.
- 4The transaction involves the formation of The Foundry Company as a Cayman Islands exempted company.
- 5ATIC is a limited liability company wholly owned by the Government of Abu Dhabi, indicating significant foreign investment into AMD's manufacturing operations.
- 6Certain portions of the Wafer Supply Agreement have been omitted pursuant to a confidential treatment request, with omitted information filed separately with the SEC.