Summary
This 8-K/A filing by Advanced Micro Devices, Inc. (AMD) on January 15, 2009, serves as an amendment to a previous filing concerning a significant joint venture with Advanced Technology Investment Company LLC (ATIC) of Abu Dhabi. The primary purpose of this amendment is to update the form of the Wafer Supply Agreement between AMD and the newly formed manufacturing joint venture, "The Foundry Company". This updated agreement is crucial as it governs the terms under which AMD will purchase wafers from its own joint venture, impacting future manufacturing costs and supply chain dynamics.
Key Highlights
- 1Amendment to a prior 8-K filing regarding a material definitive agreement.
- 2Updates the Form of Wafer Supply Agreement between AMD and The Foundry Company, a manufacturing joint venture with ATIC.
- 3The Foundry Company is a newly formed entity to house AMD's manufacturing operations.
- 4This filing specifically replaces Exhibit 10.4 from a previous amendment with the updated form of the Wafer Supply Agreement as Exhibit 10.1.
- 5The transaction involves ATIC, a limited liability company wholly owned by the Government of Abu Dhabi.
- 6Certain portions of the updated Wafer Supply Agreement have been omitted pursuant to a confidential treatment request.
- 7The filing is categorized under Item 1.01 (Entry into a Material Definitive Agreement) and Item 9.01 (Financial Statements and Exhibits).