In 2008 chipmakers Intel and AMD took two different directions: Intel retained the processor manufacturing plant and as a result full control as AMD decided to split from the manufacturing business which as a stand-alone company known as GlobalFoundries.
Thus AMD relied on external manufacturers to produce its own processors. According to a Wall Street Journal report, Intel is already aiming to buy the former AMD plant for $ 30 billion.
GlobalFoundries immediately denied talks with Intel but according to the WSJ the latter may be in talks with investment firm owned by GF.
The reason why Intel wants to buy GlobalFoundries is simple. The company is increasing production capacity and just can no longer cope. Although it invested $ 20 billion in a new plant in Arizona, USA, it will take years before the new plant goes into operation. / CIO Albanian
