The Foundry Company has been renamed Globalfoundries

The Foundry Company has been renamed Globalfoundries
Advanced Micro Devices and Advanced Technology Investment Company have together announced the creation of Globalfoundries.
The unit was earlier called The Foundry Company.
Globalfoundries would now handle processor manufacturing for AMD which would now focus on developing new technologies.
AMD spoke about this new entity: “Globalfoundries will service the manufacturing [...]