AMD and IBM to share chip technology for three more years

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AMD and IBM to share chip technology for three more years

AMD and IBM have extended their chip-manufacturing technology agreement for another three years according to investors.com. The previous deal, signed in 2002, was due to run out next year. Under the new agreement, AMD will pay Big Blue between $250-280mn between now and December 2008. In return AMD will get access to IBM’s chip manufacturing technologies.

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