this post was submitted on 18 Jan 2025
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Everyone is focusing on Musk but uh, Global Foundries wants to be involved in buying Intel?
The same Global Foundries that's utterly incapable of progressing their tech stack?
The one AMD created when they got rid of their foundries and was happy to do so?
That amuses the shit out of me.
AMD wasn't quite "happy" to sell their fabs, it was necessitated because they were facing bankruptcy. People forget but the prevailing opinion was that AMD was going to bankrupt within a few years.
Their pre-Su CEO, Rory Read, often gets shit online for being there during a bad period, but he made some difficult and necessary decisions that saved AMD. Part of that was the GF selloff.
I highly doubt Global Foundries is even in the position to buy Intel, they'd most likely want to give them a cash infusion in exchange for tech or for selling fabs (which intel would probably accept, since their fabs are currently under-utilised... in other words they have too much capacity, and yet are still building more because Chips Act says they have to). That would be good for GF.