AMD agrees to $1.6B in new chips from GloFo for its manufacturing freedom

AMD has finally been unleashed from any exclusivity deals with GlobalFoundries, its original manufacturing arm. While AMD has been free of pesky GloFo royalties for a while, and free to pursue chips from other manufacturers at 7nm and smaller, it's still beholden to a Wafer Supply Agreement with its ex-fab for 12/14nm chips. With the latest amendment to that agreement, however, those exclusivity clauses are now all but old news.

AMD announced the change within an 8-K filing to the SEC, which...