Intel in talks to buy GlobalFoundries for about $30 billion - WSJ-To The Moon - Tiger Brokers Online Investing Community

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Intel in talks to buy GlobalFoundries for about $30 billion - WSJ

Reuters2021-07-16

July 15 (Reuters) - Intel Corp is in talks to buy semiconductor manufacturer GlobalFoundries Inc for about $30 billion, the Wall Street Journal reported

on Thursday, citing people familiar with the matter.

Intel did not immediately respond to a Reuters' request for comment.

(Reporting by Nivedita Balu in Bengaluru; Editing by Krishna Chandra Eluri)

((Nivedita.Balu@thomsonreuters.com; Twitter: @niveditabalu;))

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