Committee on Foreign Investment in the United States (CFIUS) Clears Path for Creation of “The Foundry Company”

AMD and the Advanced Technology Investment Company (ATIC) announced today that they had obtained clearance from the Committee on Foreign Investment in the United States ("CFIUS") regarding the creation of The Foundry Company, their leading-edge semiconductor manufacturing joint venture. CFIUS also has determined that the proposed additional investment in AMD by Mubadala is not a covered transaction subject to CFIUS review.

• U.S. Government Clearance Marks Major Milestone Toward Completion of New Global Foundry Transaction

About AMD

Advanced Micro Devices is an innovative technology company dedicated to collaborating with customers and industry partners to ignite the next generation of computing and graphics solutions at work, home and play.

About ATIC

The Advanced Technology Investment Company (ATIC) was created in 2008. A technology investment company wholly owned by the Government of Abu Dhabi, ATIC is focused on making significant investments in the advanced technology sector, both locally and internationally. Its mandate is to generate returns that deliver long-term benefits to the Emirate of Abu Dhabi.

ATIC seeks to leverage the unique advantages it enjoys as an investor from the Emirate of Abu Dhabi to identify and realize long-term investment opportunities in the highly competitive and capital-intensive advanced technology sector. These advantages include significant and reliable capital, a patient investment philosophy, and a subsequently long-term investment horizon.