Intel (INTC) Is Reportedly Negotiating the Acquisition of GlobalFoundries for $30 Billion Following Its Bid of Around $2 Billion for SiFive Recently
Intel (NASDAQ:INTC), the semiconductor behemoth at the heart of a concerted push by the US to re-shore chip fabrication, seems to have embarked on a zealous buying spree. As per the exclusive reporting by the Wall Street Journal, Intel is currently in buyout talks with the Abu Dhabi-based Mubadala Investment to acquire GlobalFoundries, the chipmaker …