The AMD Execution Thread [2007 - 2017]
- Thread starter overclocked_enthusiasm
- Start date
-
- Tags
- amd
- Status
That's old.
Bouncing Zabaglione Bros.
Legend
That was always a sticking point in the spin off of Global Foundries. If the Intel license only allowed AMD to fab a small percentage of CPUs outside of the company, then what happened when AMD spun off it's fabs into a separate company and effectively all fabrication happened outside of AMD?
Most likely Intel was using this as a breach of the cross-licensing agreement in countersuit, and now that has been removed.
It looks like Intel pretty much raised their hands in a mea-culpa, and decided they could afford to give AMD a leg-up (at least for now) in order to get out from under the anti-trust lawsuits.
I pretty sure that AMD has a huge pool of tax losses to offset it.
It wasn't a breach yet, as AMD still had (just) enough ownership and control of GlobalFoundries to be within the definition of subsidiary in the cross license agreement. But it would have been a big problem with the coming inclusion of Chartered in GF, which will leave AMD with a quite small share.
How much dept is left for AMD now? would it make sense for them to go real fabless?
It was $3.6B, adding the last couple of quarters with losses it should be close to $4B now, probably equal to AMD's cash reserves (including the settlements.)
edit: http://finance.yahoo.com/news/Intel-settles-AMD-claims-but-apf-748922183.html?x=0&.v=21
ah
Well they could always have split GlobalFoundries into several companies to comply with the old agreement, but it wasn't a major problem since the previous agreement was due to expire in 2011 so the agreement had to be renegotiated anyway.
Globalfoundries is organized as joint venture company (AMD owns 1 voting share and ATIC owns another) so AMD isn't going to relinquish control over GF anytime soon.
they are going to sell every last bit they have in GF and move on...
Silent_Buddha
Legend
Am I think only one that suddenly had a disturbing picture of Dirk Meyer in green tights frolicking among hordes of computer enthusiasts in the middle of a forest sprinking fairy dust on them?
I need counseling...
Regards,
SB
FrameBuffer
Banned
Good news for AMD, some cash, the ability to go fabless and the licence agreement.
Intel can come up with $1.25b in 30 days, I bet AMD wish they could do that !
Nvidia might be worried, Intel gets patents on the Ati side as part of the deal according to xbitlabs.
yes part of the cross patent agreement they've both had for some time including x86-64 and intergrated (CPU) MC,.. as mentioned in the other thread.. INTEL had a LOT to lose considering the 2 Japan suits, the DC and the NY could of meant Billions of more in fines and had AMD showed that Intel violated the original agreement of the 90s then Intel would have lost the ability to sell all Core and up processors, it was MUCH MUCH MUCH cheaper for them to settle.
....it's like giving the license to print money, instead just slipping a full briefcase of it.
A pretty big briefcase!
According to here a full briefcase would probably be a little over a million in $100 notes....a billion is roughly 10 standard pallets worth so the settlement fee of $1.25b would roughly half fill a shipping container if amd wanted it in $100 notes.
The x86 license and GF settlement is more important here, than the single strike of cold cash flow in -- it's like giving the license to print money, instead just slipping a full briefcase of it.
Wait. Did Intel just give AMD the license to sell x86 IP cores?
- Status
