Thread regarding GlobalFoundries layoffs

US to take 10% equity stake in Intel, in Trump's latest corporate move

Please treat GF the same.


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Post ID: @OP+1k3d0by7d

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@cs
Fab8.2 was never gonna happen with the current utilization.

Need another pandemic to get everyone buying new hardware.

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Post ID: @h6+1k3d0by7d

Converting already promised CHIPS funding to stock purchases sounds like Intel won't actually build the fab they had announced as part of getting the funding.

If they do take equity purchases instead of cash, can kiss 8.2 goodbye.

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Post ID: @cs+1k3d0by7d

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