Thread regarding Intel Corp. layoffs

Intel To By GlobalFoundries for $30 billion

https://www.reuters.com/business/intel-talks-buy-globalfoundries-about-30-billion-wsj-2021-07-15/

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| 2285 views | | 12 replies (last July 22, 2021) | Reply
Post ID: @OP+1bRZDRnr

12 replies (most recent on top)

Buy.

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Post ID: @6evs+1bRZDRnr

And they’ll end up selling it off like McAfee as anything intel purchases they turn to s-it.

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Post ID: @1nrq+1bRZDRnr

@tau+1bRZDRnr 30billion pretty expensive failure entrance fee

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Post ID: @wcy+1bRZDRnr

So, try the foundry again but in a different way. In this sense, the vision is never given up.

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Post ID: @gaa+1bRZDRnr

Intel wants to get into the foundry business. 99% of what Intel does is for their own chips. They don't have the support infrastructure of being able to deal with external customers. Global Foundries has that.
You don't just decide to make a chip. There are hundreds of foundry specific libraries, design rules, and more. There are always problems with the EDA CAD tools for new processes and you need lots of support people to answer questions and help debug problems that your customers are having.

Intel has tried being a foundry before multiple times over the last 20 years. They always fail and give up after a couple of years.

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Post ID: @tau+1bRZDRnr

WSJ source: https://archive.is/URtJX

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Post ID: @qer+1bRZDRnr

Given the geo political situation getting more attention....GF's customers are in TINA situation. There is no alternatives!

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Post ID: @otk+1bRZDRnr

Global Foundries will loose customers if Intel deals confirmed and go through
eventually the new IFS will be relying on this external fab to survive, and it maybe failing and fall down harder due to massive investment that fail to lock down new deals but loosing existing GF customers

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Post ID: @kla+1bRZDRnr

Dont have a manufacturing background.
What does this mean ? Isn't this the same unit that AMD sold ?
How is this tied to IBM ?

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Post ID: @imn+1bRZDRnr

Will this have massive layoffs in TMG/TD at intel ?

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Post ID: @yts+1bRZDRnr

lol intel needs to buy another foundry to have any foundry customers. pathetic!

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Post ID: @jpw+1bRZDRnr

Omg! This is what cooperation with ibm means!

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Post ID: @dms+1bRZDRnr

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