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Wednesday, 21 July 2021

GlobalFoundries shoots down Intel buyout rumor, will move ahead with IPO


In a follow up from Bloomberg, that last nugget has seemingly been confirmed. GlobalFoundries CEO Tom Caulfield told the publication that there was “nothing there in that discussion.” Instead, the chipmaker is moving forward with plans for an initial public offering, with Caulfield adding that “you can expect a lot...

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