Is GlobalFoundries, Chinese? or Chinese owned?
Whatever it is, they should make cast iron, bullet-proof chips, right?
/s
(Foundries?)
It's owned by the government of Abu Dhabi.
The Chinese already have a major ownership interest in IBM. Red China has been buying premium assets in the west for many years. China has liquidated a lot of those US bonds they had and used the cash to buy good stuff that has value and companies that had great patent collections. When the Japanese had a lot of our dollars, they blew it on golf courses and Hollywood studios and music companies. The Chinese are way better asset buyers.
Wondering that myself.