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Advanced Micro Devices, Inc. Sells Stake In GlobalFoundries-Reuters


Monday, 5 Mar 2012 10:38am EST 

Reuters reported that Advanced Micro Devices, Inc. has dumped its equity stake in GlobalFoundries Inc, three years after spinning off the company that makes most of its computer chips, in a move that frees it to strike manufacturing deals with other foundries. Financial terms and conditions were not disclosed.