Intel in talks to buy GlobalFoundries for about $30 billion WSJ
GlobalFoundries is concerned that such a combination would upset some of its key customers that compete with Intel, such as Advanced Micro Devices Inc (AMD.O), the sources said. President Joe Biden’s administration, which has become more hostile to transformative mergers, the sources added. GlobalFoundries is expected to reveal its IPO filing in October and go …
Intel in talks to buy GlobalFoundries for about $30 billion WSJ Read More »