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Non-Tech : Kirk's Market Thoughts
COHR 164.26+6.7%Nov 28 9:30 AM EST

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To: Sun Tzu who wrote (11585)7/16/2021 10:43:04 AM
From: Kirk ©  Read Replies (1) of 26638
 
Is GF a good buy for Intel?
  • Intel is reportedly eyeing Globalfoundries (GF) for acquisition valued at an estimated US$30 billion. Will the acquisition be a good buy and follow Intel's IDM 2.0 strategy that was unveiled earlier this year?

  • GF has fabs in Dresden, Germany, Singapore and several in NY & Vermont that used to be IBM fabs

  • Intel has 15 wafer fabs in production worldwide at 10 locations, according to its website.

  • Intel's fab production sites in the US are located in Arizona, Massachusetts, New Mexico and Oregon. Intel also has fabs in Ireland, Israel and China.

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Looks like I need to update the last dividend... or stop posting that as it is a lot of work to keep up with.
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