Bizarre situation if Intel ens up doing the manufacturing for AMD.
I’ve been an Intel shareholder for nearly a quarter of a century, and though I’ve made money on the stock, it seems to me that it hasn’t been a particularly well-run company since at least when Andy Grove left as chairman in 2004. I don’t have the numbers handy, but I’d imagine that they’ve underperformed the broader market. They bombed out with modem chips for Apple. They’ve lost quite a bit of market share on CPUs not only to AMD but also to Qualcomm and now Apple silicon. My gut feeling is that, based on their recent track record, if INTC management thinks it’s a perfect time to go big into the foundry business, they’re probably buying at the peak.
TSMC manufactures for AMD
No one I know uses GF anymore.
Grove was an engineer first, businessman second. His replacement wasn’t. Bean counters running complex engineering and production organizations that require innovation to maintain relevance often doesn’t end well. Intel seems to have proven this once again.
Stranger still, Golbal Foundries was originally AMD. AMD split off their chip fabs in 2009 and created GF.
In other words, Intel has bought the old AMD fabs.
https://en.wikipedia.org/wiki/GlobalFoundries