Intel Is In Talks To Buy GlobalFoundries For About $30 Billion
Friday July 16, 2021. 04:02 AM , from Slashdot/Apple
Intel's new Chief Executive, Pat Gelsinger, in March said the company would launch a major push to become a chip manufacturer for others, a market dominated by Taiwan Semiconductor Manufacturing Co. Intel, with a market value of around $225 billion, this year pledged more than $20 billion in investments to expand chip-making facilities in the U.S. and Mr. Gelsinger has said more commitments domestically and abroad are in the works.
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