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Intel's Interest in GlobalFoundries Could Affect These 4 Chipmakers

·4 min read
Intel's Interest in GlobalFoundries Could Affect These 4 Chipmakers
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Intel (NASDAQ: INTC) is considering a $30 billion takeover of GlobalFoundries, the world's fourth-largest chip foundry, according to The Wall Street Journal. The rumored deal would mark Intel's biggest acquisition ever, and cancel GlobalFoundries' planned IPO. GlobalFoundries CEO Thomas Caulfield recently dismissed those rumors, but the WSJ report implies that Intel has actually been holding talks with GlobalFoundries' top stakeholder -- Abu Dhabi's sovereign wealth fund Mubadala Investment -- instead of GlobalFoundries' executives.