8-K/AMaterial AgreementsExhibits & Filings

ADVANCED MICRO DEVICES INC 8-K/A Report, Material Agreement (Jan 15, 2009)

Filed January 15, 2009For Securities:AMD

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).

Frequently Asked Questions

The primary purpose of this filing is to amend a previous 8-K report by providing an updated form of the Wafer Supply Agreement between Advanced Micro Devices (AMD) and its new manufacturing joint venture, 'The Foundry Company'.

ATIC (Advanced Technology Investment Company LLC) is a limited liability company established under the laws of the Emirate of Abu Dhabi and wholly owned by the Government of Abu Dhabi. ATIC is a key partner in forming 'The Foundry Company' with AMD.

The Wafer Supply Agreement dictates the terms and conditions under which AMD will purchase manufactured chips (wafers) from The Foundry Company. Changes to this agreement can impact AMD's cost of goods sold, its relationship with the joint venture, and its overall operational efficiency and profitability.

Certain portions of the Wafer Supply Agreement have been omitted from public filing under a confidential treatment request. This is common for sensitive commercial terms, and the omitted information has likely been filed separately with the SEC under seal.