AMD gets $650 million for NY fab

Posted on Tuesday, December 26 2006 @ 2:31 CET by Thomas De Maesschalck

AMD has lent $650 million to build a new 12-inch fab in New York State at the Luther Forest Technology Campus.

The firm said last June that the fab will provide plenty of jobs in the Luther Forest site in Saratoga County. But, according to the Post*Star, the final details were inked last week. AMD, said the newspaper, will have a two year window to start building the fab between July 2007 to July 2009.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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