I would not be surprised if the strategic thinking here is to buy GloFo to get in some outside business and the knowledge about how to run a fab as a service in

I would not be surprised if the strategic thinking here is to buy GloFo to get in some outside business and the knowledge about how to run a fab as a service in preparation for spinning the foundry out as a separate business. That way it allows the foundry to scale to the size it needs to be to justify investing in the latest nodes, whilst freeing up the rest of Intel to run much leaner and not to be tied to an uncompetitive foundry.