AMD has joined GlobalFoundries to celebrate the official start of construction of Fab 2, a state-of-the-art semiconductor manufacturing facility at the Luther Forest Technology Campus (LFTC) in Upstate New York which is expected to be the most advanced semiconductor manufacturing facility in the world when it begins production in 2012.
“Fab 2 represents the culmination of AMD’s multi-year vision to bring a leading-edge semiconductor manufacturing facility to the United States. This is an important opportunity to create thousands of jobs and strengthen U.S. competiveness in the high-tech industry,” says Dirk Meyer, president and CEO of AMD.
“GlobalFoundries is expected to be an ideal technology partner for the entire semiconductor design industry, providing cost-effective access to manufacturing capacity on an unprecedented scale. The multi-billion dollar investments in research and development and capacity expansion that GlobalFoundries is planning, strengthen its position as a premier leading-edge semiconductor manufacturing foundry.”
GlobalFoundries was created as a joint venture by AMD and the Advanced Technology Investment Company (ATIC) in March.