In 2008, chipmakers Intel and AMD took two different paths: One continued to manufacture its own chips to maintain full control, while AMD decided to dispense with its semiconductor business as GlobalFoundries, relying on this company and other manufacturers to provide their processors. Now, The Wall Street Journal reports Intel is looking to take over former AMD factories, in a deal that could value them at $ 30 billion.
Intel wants to be one of the largest manufacturers in the world and would invest 30 billion
It is clear that for WSJ the agreement would not be closed yet, far from it. For its part, GlobalFoundries flatly denied that it was in talks with Intel. But it is possible that Intel is negotiating with the investment firm that owns GlobalFoundries instead, as the WSJ points out. It is also intriguing that the medium does not have any information from Intel or any of the parties involved.
The purpose for which the chipmaker are interested in GlobalFoundries Clearly, the Santa Clara company is increasing its processor manufacturing business. In an attempt to turn the struggling company around, new Intel CEO Pat Gelsinger announced in March that Intel would try to work with its own factories and even manufacture other companies in its factories. What’s more, they decided to invest more than $ 20 billion in new factories in Arizona. Although this could take many years for new buildings to build and grow.
In the meantime, could be done with GlobalFoundries, the fourth largest manufacturer in the world (according to TrendForce), one that represents 7 percent of the entire manufacturing business by revenue. That won’t put Intel on the same level as the giants TSMC or Samsung, which comprise about 74 percent, but it would be a start for the Santa Clara company.