Intel rumored to be in talks to buy chip manufacturer GlobalFoundries for $30B -
theold - 19-07-2021
When it comes to M&A in the chip world, the numbers are never small. In 2020, four deals involving chip companies totaled $106 billion, led by Nvidia snagging ARM for $40 billion. One surprise from last year’s chip-laced M&A frenzy was Intel remaining on the sidelines. That would change if a rumored $30 billion deal to buy chip manufacturing concern GlobalFoundries comes to fruition.
The rumor was first reported by The Wall Street Journal yesterday.
https://techcrunch.com/2021/07/16/intel-rumored-to-be-in-talks-to-buy-chip-manufacturer-globalfoundries-for-30b/
RE: Intel rumored to be in talks to buy chip manufacturer GlobalFoundries for $30B -
lvlrsSTI - 23-07-2021
Intel is going downhill, unable to compete with Taiwanese companies.
RE: Intel rumored to be in talks to buy chip manufacturer GlobalFoundries for $30B -
happyharvest - 23-07-2021
IDM 2.0
now all Fab is super capa constraint
RE: Intel rumored to be in talks to buy chip manufacturer GlobalFoundries for $30B -
debono - 23-07-2021
(19-07-2021, 08:22 PM)theold Wrote: When it comes to M&A in the chip world, the numbers are never small. In 2020, four deals involving chip companies totaled $106 billion, led by Nvidia snagging ARM for $40 billion. One surprise from last year’s chip-laced M&A frenzy was Intel remaining on the sidelines. That would change if a rumored $30 billion deal to buy chip manufacturing concern GlobalFoundries comes to fruition.
The rumor was first reported by The Wall Street Journal yesterday.
https://techcrunch.com/2021/07/16/intel-rumored-to-be-in-talks-to-buy-chip-manufacturer-globalfoundries-for-30b/
Chip manufacturers are doing roaring business, why would they want to sell off their foundries.?