AMD foundry spin-off gets its name: GlobalFoundries

Well, it's done. Two days after AMD, ATIC, and Mubadala finalized their transaction, AMD's former manufacturing division has opened for business under its definitive corporate name.

As it turns out, that new name is almost as generic as "The Foundry Company," the temporary moniker used during the proceedings. The foundry firm is now called GlobalFoundries, and its logo looks like this:

As expected, former AMD manufacturing chief Doug Grose has become GlobalFoundries' CEO, and former AMD CEO Hector Ruiz has filled in as the new firm's Chairman. GlobalFoundries has also named former AMD and Spansion executive Jim Doran as Senior VP and General Manager of the manufacturing facility in Dresden, Germany.

GlobalFoundries says it's calling the Dresden operations Fab 1. Within Fab 1, the Module 1 cluster will focus on 45nm silicon-on-insulator production, while Module 2 will be "transitioning to 32nm bulk silicon capabilities." (Bulk silicon will be used for AMD GPUs and third-party products, but presumably not AMD microprocessors.) GlobalFoundries also confirmed its plan to start building a second manufacturing facility—Fab 2—in Saratoga County, New York this year. (Thanks to TR readers Oleg and Cassidy for mailing this in.)

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