We managed to score some additional details about Foundry Co. and the plans for the future. The new fab, now owned by Foundry Co. in New York State, should be operative by 2012 and this fab will be capable of processing 22nm structures.

Intel promised 22nm processors for the same year, so this sounds about right. We are not sure if AMD has any plans to redo a part of the Dresden FABs and make them capable of producing 32nm CPUs, as this is the shrink that comes after the 45nm. Dresden should be ready for 45nm CPUs just about now.

Foundry Co. is going to act as subsidiary of AMD and it will be part of AMD earning calls in the quarters to come. We will be watching this very closely and we wonder what Jerry Sunder’s thoughts are on this, as now AMD has the fabs but it really doesn’t have them. AMD obviously played a Houdini card and luckily for them, the Emirates guys wanted to give them money for it.