Intel reportedly wants to acquire GlobalFoundries according to a new report. Apparently, the company is currently exploring the possible options and the deal could go through for a sum of $30 billion.
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TrendForce has revealed that the global foundry market is expected to have its best year of the last ten years in 2020 thanks to a number of factors including the pandemic which has boosted demand.
Intel will soon start manufacturing ARM chips by lending out its foundries to some of its rivals. It's a huge strategic move that in the long run may benefit both Intel and consumers.