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If a breakup is in the works for Intel, merger of the foundry side with Global Foundries would make more sense than AMD. Intel's foundries, even in the state th
by dv_dt 2y ago
If a breakup is in the works for Intel, merger of the foundry side with Global Foundries would make more sense than AMD. Intel's foundries, even in the state they're in would likely be a step up for GF. And given the political sensitiveness, GF already has DoD contracts for producing chips.
- 7speter 2y agoDidn't the US government just give Intel $7b on the condition they don't spin off the foundry business? https://finance.yahoo.com/news/intels-7-86-billion-subsidy-010229971.html https://finance.yahoo.com/news/intels-7-86-billion-subsidy-0...
- dv_dt 2y agoI think you would have to go through the specific conditions - they put up restrictive conditions but does not seem impossible to work with