Intel Foundries to merge with Global Foundries?

[CAT-THE-FIFTH]

Some interesting rumours popping up:

Hell freezes, pigs fly: Rumor has it that Intel could merge with AMD's former foundry in potential multi-billion deal

A change of leadership at GlobalFoundries has sparked major speculation

www.techradar.com

However, speculation is currently brewing that Caulfield could be set to become the next CEO of AMD’s long time chip rival, Intel. As reported by eeNews Europe, the rumors began following an unexpected leadership change at GlobalFoundries. Caulfield is set to move from CEO to executive chairman, with Tim Breen, who has also been at the company since 2018, taking over as CEO. This shift has led observers to question whether Caulfield may be preparing for a leadership role at Intel, which has been without a permanent CEO since Pat Gelsinger’s departure in December 2024.

This would mean the Abu Dhabi government would be partial owners.

 

[Cob]

There’s been a new ‘someone’s thinking about buying Intel’ rumour every day for the past week. They’re actively trying to push up the share price.