When I first read the news I thought there has to be a conflict of interest. I am pretty sure you cant be both the CEO or Executive Chairman of a Direct Competi

When I first read the news I thought there has to be a conflict of interest. I am pretty sure you cant be both the CEO or Executive Chairman of a Direct Competitor. But now thinking about it. Perhaps the idea was Intel and GF to merge as a new Foundry operation. GF is only worth about $20B at the moment. The new Intel Foundry will ironically gained AMD as a customer.