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Wednesday, June 10, 2009

AMD fab spin-off to break super-skinny ground

Globalfoundries' NY wafer baker
By Austin Modine 10th June 2009

Globalfoundries, AMD's fab spin-off, has officially pledged to start construction of New-York-state plant targeting bleeding-edge 32nm and smaller-process silicon. The company said Tuesday it sent a formal commitment letter to the state of New York for the construction of Fab 2 facilities at the Luther Forest Technology Campus in Saratoga County, New York. Globalfoundries' missive officially initiates the construction phase of the plant, as well as lets the state know its time to start issuing bonds to pay for development of the $4.2bn plant. Fab 2 compliments Globalfoundries' cornerstone wafer bakery, Fab 1, in Dresden, Germany. The company reckons Fab 2 will be the world's first 300mm fab designed for 32nm technologies and the largest economic development project in the history of New York state.

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