AMD chose to spin out GlobalFoundries in 2008, several years prior to the 2015 Silver Lake near-deal [0], becoming a fabless company on the tail end of a 90% sl

AMD chose to spin out GlobalFoundries in 2008, several years prior to the 2015 Silver Lake near-deal [0], becoming a fabless company on the tail end of a 90% slide in AMD stock. AMD share price continued to decline and remained in the low single digits for seven years after AMD and GlobalFoundries parted ways. My understanding is that Silver Lake wanted AMD to split apart its product segments. They were going to buy 20-25% of the company, but the deal never materialized. Intel's vertical integration is an asset IMO, especially in a supply-constrained environment like the present. [0]: https://www.eetimes.com/amd-foundry-spinoff-open-for-business/# https://www.eetimes.com/amd-foundry-spinoff-open-for-busines...