Intel in talks to acquire GlobalFoundries in $30bn deal


Chip giant Intel is reportedly eyeing up a deal to acquire GlobalFoundries, in a move that would be a shot in the arm of the semiconductor giant’s plan to fabricate chips for external clients.

GlobalFoundries, which came into being as a result of Intel rival AMD’s decision to spin off its own semiconductor manufacturing business back in 2009, operates a number of chip foundries around the world.


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