Intel May Be Trying to Buy GlobalFoundries
Date: 2025-05-19 18:28:26Source: ComprehensiveViews (143)
Intel may be making a major play in the semiconductor industry, attempting to purchase GlobalFoundries.
GlobalFoundries was created in 2008 when AMD spun off its manufacturing arm when it went fabless. GlobalFoundries has gone on to become the fourth-largest foundry.
Meanwhile, Intel is working to revive its fortunes under new CEO Pat Gelsinger, making a major acquisition a very real possibility. According to The Wall Street Journal a possible deal could be worth as much as $30 billion.
GlobalFoundries is denying the report, so it remains to be seen if a deal will happen.
Previous Article: We Need to Talk About the TSA's Batsh*t Insane Instagram Account
Next Article: Snapchat Said To Be Adding Content And Ad Business Called 'Snapchat Discovery'
You May Like
- Google Maps Lists New Ads In Results
- 3 Trends That Will Change How We Make Payments in 2018
- 3 Trends That Will Change How We Make Payments in 2018
- Microsoft Rolls Out New AI Feature for Bing
- Google Tests Feature That Could Keep Even More Traffic From Sites
- Get Ready to See Even More Ads on Facebook as Company Revenue Slows Down for 2017
- Facebook Tests Splitting Its News Feed but Insists It Won't Be Rolled Out Globally
- Snapchat's Story Sharing Has Stopped Growing, Leaked Metrics Reveal Scope of the Problem
- YouTube Invests Millions More In Original Content