They traded exclusivity for a minimum order size. I'm not sure I would read that negotiation as setting a sunset date on their overall relationship at the end of 2024, and I definitely wouldn't read it as AMD being totally free prior to 2025.
1.6B is half a quarter's revenue for AMD. Milan has been a slam dunk; there's obviously some value over at GloFo for AMD, and it wouldn't be a no-tears breakup (hypothetically speaking).
I don't dispute that GloFo's role in AMD's strategy will necessarily change if it becomes part of Intel.
1.6B is half a quarter's revenue for AMD. Milan has been a slam dunk; there's obviously some value over at GloFo for AMD, and it wouldn't be a no-tears breakup (hypothetically speaking).
I don't dispute that GloFo's role in AMD's strategy will necessarily change if it becomes part of Intel.