GlobalFoundries has been chastised by AMD's new CEO Rory Read for the production problems that limited the availability of 32 nm processors.
It appears that the foundry is now making progress as it stated in a press release that it has increased AMD 32 nm processor shipments by 80 percent between Q3 and Q4 of last year. According to GlobalFoundries, 32 nm chips now represent a third of AMD's product mix.
After the hiccup, the foundry is apparently quite interested in further expanding its business. The company said that it is planning on spending about $3 billion to fund an expansion of its facilities in Singapore, Germany and New York. Among the production successes are the manufacturing of chips for IBM at its Fab 8 in New York as well as the production of 28 nm ARM Cortex-A9 chips that run at up to 2.5 GHz.
Last week, rumors emerged that GlobalFoundries may be in talks of acquiring DRAM maker Promos, which would give the company production capability in Taiwan and the ability to cater to the Chinese market.