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.

Source link

Leave a Reply