Intel apparently going all out to boost its chipmaking efforts.
Chip giant Intel is reportedly eyeing up a deal to acquire GlobalFoundries, in a move that would be a shot in the arm of the semiconductor giant’s plan to fabricate chips for external clients. GlobalFoundries, which came into being as a result of Intel rival AMD’s decision to spin off its own semiconductor manufacturing business back in 2009, operates a number of chip foundries around the world. The acquisition, if completed, could help Intel boost its recently announced Intel Foundry Services (IFS) division, which it hopes to use as a means to increase its foothold in the market.
