[The Exiled]

• AMD Amends Wafer Supply Agreement with GlobalFoundries: 7nm Freed, 12nm+ Targets Set Through 2021

The big news with the latest WSA update is that it allows AMD to contract any foundry to produce chips at 7 nm and thinner nodes without any one-time payments or royalties to GlobalFoundries. The net result is that as of this moment, AMD has slated all of their currently-announced leading-edge 7nm CPUs and GPUs to use TSMC's 7nm process, and AMD is further free to tap Samsung as well if they desire. Past that, the latest WSA update will see AMD continue to rely heavily on GlobalFoundries for any larger nodes, as the firm will remain AMD’s long-term strategic supplier for 12nm and above.
One of the important aspects of the new agreement is that if AMD fails to meet the annual wafer purchase target for 2019, 2020, and 2021, it will have to pay GlobalFoundries “a portion of the difference” between the actual wafer purchases and the planned target for that year. While this is not exactly a take-or-pay agreement that AMD used to have with GlobalFoundries several years ago, it will still have to use/sell 12LP and 14LPP chips in high volumes in a bid not to pay charges to its partner.

• AMD had an Epyc quarter: Server chip shipments 'more than doubled' Q3 to Q4
  
  
• AMD Earnings Report, Q4 FY 2018: Closing on a Profitable 2018