[HN Gopher] Intel in talks to buy GlobalFoundries for about $30B
       ___________________________________________________________________
        
       Intel in talks to buy GlobalFoundries for about $30B
        
       Author : hi5eyes
       Score  : 573 points
       Date   : 2021-07-15 23:30 UTC (23 hours ago)
        
 (HTM) web link (www.reuters.com)
 (TXT) w3m dump (www.reuters.com)
        
       | neonate wrote:
       | WSJ source: https://archive.is/URtJX
        
       | TazeTSchnitzel wrote:
       | Semiconductor manufacturing is already scarily consolidated. This
       | can't be good.
        
       | Traster wrote:
       | I would not be surprised if the strategic thinking here is to buy
       | GloFo to get in some outside business and the knowledge about how
       | to run a fab as a service in preparation for spinning the foundry
       | out as a separate business. That way it allows the foundry to
       | scale to the size it needs to be to justify investing in the
       | latest nodes, whilst freeing up the rest of Intel to run much
       | leaner and not to be tied to an uncompetitive foundry.
        
       | lizknope wrote:
       | Intel wants to get into the foundry business. 99% of what Intel
       | does is for their own chips. They don't have the support
       | infrastructure of being able to deal with external customers.
       | Global Foundries has that.
       | 
       | You don't just decide to make a chip. There are hundreds of
       | foundry specific libraries, design rules, and more. There are
       | always problems with the EDA CAD tools for new processes and you
       | need lots of support people to answer questions and help debug
       | problems that your customers are having.
       | 
       | Intel has tried being a foundry before multiple times over the
       | last 20 years. They always fail and give up after a couple of
       | years.
        
         | syshum wrote:
         | >>before multiple times over the last 20 years. They always
         | fail and give up after a couple of years.
         | 
         | That would be the concern. What happens to the chip market when
         | intel rediscovers its inherent anti-competitive nature and
         | shuts down any non-intel product?
        
         | pankajdoharey wrote:
         | Intel is already in the foundry Business their operating nodes
         | are very large 14nm and 10nm (Which is 12nm) and 7nm process
         | node is broken due to poor yields.
        
           | kingosticks wrote:
           | And the tech/IP they offer is way behind the competition.
           | They were not a realistic choice when we last sat down.
           | 
           | But the chance to utilise EMIB would be cool.
        
         | Seanambers wrote:
         | If Intel ends up buying AMD's (former) business, then damn the
         | tables have turned.
         | 
         | Considering the way things are going I am more than a bit
         | intrigued, but not surprised.
        
           | 9front wrote:
           | I am waiting for the headline "AMD to buy Intel!"
        
             | grp000 wrote:
             | And Nvidia buys ARM, which is then bought by AMD-Intel,
             | which then merges with Samsung.
        
               | the8472 wrote:
               | And then The Semiconductor Manufacturing Company takes
               | shape.
        
               | underscore_ku wrote:
               | and then Apple buys Samsung
        
               | intricatedetail wrote:
               | and then Amazon buys Apple.
               | 
               | and then Aliexpress buys Amazon.
        
               | pankajdoharey wrote:
               | And Softbank already owns Aliexpress. And then CCP
               | intervenes!
        
               | allie1 wrote:
               | And then the CCP breaks it up into the original pieces.
        
               | codehalo wrote:
               | The things I've seen, I would be less than surprised this
               | preposterous plot plays out.
        
             | Moto7451 wrote:
             | Given Intel wants to sell fab space it wouldn't shock me if
             | AMD keeps buying fab space at a soon to be Intel plant to
             | make chipsets and other items that don't need to be on the
             | bleeding edge or constitute sharing much IP.
        
             | m-p-3 wrote:
             | That would be a terrible outcome competition-wise :(
        
         | kken wrote:
         | Well, Globalfoundries was exactly in the same situation
         | directly after they were spun off from AMD and they bought
         | Chartered Semiconductors to get foundry knowledge into their
         | company. They also hired a lot of ex-freescale and ex-IBM
         | people.
        
           | axaxs wrote:
           | Wait I thought GloFo essentially gave up the node race and
           | was settling into 'not the latest and greatest' market a la
           | TI. Is that not a correct assumption?
        
             | patagurbon wrote:
             | Essentially, but now they have Intel nodes to sell as well.
             | It's a fairly reasonable plan, and I doubt Intel will stay
             | behind TSMC node-wise forever.
        
       | animal_spirits wrote:
       | > Intel, one of the last companies in the semiconductor industry
       | that both designs and manufactures its own chips
       | 
       | What other companies also do this? Are Nvidia, and AMD on this
       | list?
        
         | stu2b50 wrote:
         | No, neither manufactures chips. They both have a variety of
         | fabs they get supply from, but Nvidia gets much of their supply
         | from Samsung (but they do also source from TSMC and others) and
         | AMD gets much of their supply from TSMC.
        
         | jagger27 wrote:
         | > What other companies also do this? Are Nvidia, and AMD on
         | this list?
         | 
         | No and no. IBM (for Power products) and arguably Samsung (for
         | their mobile chips) are effectively the only ones left on their
         | own leading edge nodes. Everyone else uses TSMC, GloFo, or
         | SMIC.
        
           | Denvercoder9 wrote:
           | IBM doesn't have its own fabs anymore -- they gave them to
           | GlobalFoundries in 2015, along with $1.5B.
        
             | BostonEnginerd wrote:
             | I would have taken the fabs for half of that! :-)
        
         | GloriousKoji wrote:
         | What semiconductors are we talking about? Just big volume
         | computer CPUs/GPUs? Then yes, intel is the only one left.
         | 
         | Big boys like Maxim, Marvel, Broadcom, Qualcomm, nVidia, AMD,
         | Ti[1] don't have their own fabs.
         | 
         | What about memory? Samsung, Hynix, Micron all do their own
         | stuff.
         | 
         | Analog ICs? National, Ti[1], NXP, Skyworks, ONsemi, ST, to name
         | a few.
         | 
         | [1] Ti got rid of their fabs years ago to switch to TSMC but
         | over the years they acquired a few companies small than them
         | that have their own fabs. Those divisions still use them for
         | fabbing those products.
        
           | BostonEnginerd wrote:
           | TI has a bunch of fabs in Dallas, Maine, Germany, Japan and
           | China. Most of the Dallas fabs have been part of TI since the
           | beginning - some since the 1970s. They're building a new
           | 300mm fab north of Dallas, and just acquired the Intel /
           | Micron JV fab in Lodi Utah. They got out of the advanced
           | logic game a while ago, and closed down one of their R&D fabs
           | in ~2007.
           | 
           | National was acquired by TI ~8yr ago.
        
       | px1999 wrote:
       | That's certainly one way to get the expertise that they need in
       | house to remain competitive (and to ensure their own supply) -
       | certainly if rumors about their current capabilities being less
       | than stellar are correct.
       | 
       | It'll be an interesting move if it comes through to fruition. TBH
       | this would ironically probably be a good thing for Taiwan and may
       | be a good thing for TSMC.
       | 
       | It is somewhat amusing that they're picking up AMD's scraps.
        
         | ac29 wrote:
         | But, GloFo isnt competitive as is - their best process is a
         | "12nm" process they licensed from Samsung 5 years ago. The only
         | way this makes sense to me is if they are getting such a good
         | deal on their assets that its cheaper to buy them and modernize
         | their plants with Intel's technology than to build new plants
         | of their own.
        
           | halotrope wrote:
           | As far as I understand the leading edge nodes are a rather
           | small percentage of global production. The demand for less
           | advanced nodes is still massive e.g for automotive. For intel
           | the know how of working for 3rd party clients along with the
           | tooling is probably much more valuable.
        
       | totalZero wrote:
       | Considering that AMD's flagship chips use GloFo i/o, this is a
       | brilliant move. It will be interesting to see how the equity
       | market absorbs these developments.
        
         | coliveira wrote:
         | Another reason why this deal should be blocked by the
         | government. It is anticompetitiveness at its core.
        
           | totalZero wrote:
           | If I were Intel and a deal were really in the works
           | contingent on antitrust, I would argue that:
           | 
           | (a) Intel is a distant third in fabrication and a merger with
           | another also-ran would improve competitiveness against state-
           | backed TSMC and the Samsung chaebol;
           | 
           | (b) the severity of the demand creation in the market
           | justifies an acquisition that streamlines existing players
           | and makes them more productive than the sum of the deal's
           | parts; and
           | 
           | (c) bringing GloFo under a US-owned corporate umbrella is
           | vastly beneficial to the national interest in a way that only
           | Intel can fully enable.
        
             | colinmhayes wrote:
             | I think (c) will be enough for intel to get the government
             | off its back here. GF is currently owned by the UAE
             | government. The military would love for American foundries
             | to be owned by American companies.
        
         | taspeotis wrote:
         | It feels like AMD was already stepping away:
         | https://www.anandtech.com/show/16677/amd-and-globalfoundries...
         | 
         | > AMD will see out its existing commitment to use
         | GlobalFoundries through 2024, with the latest amendment setting
         | purchase targets for 2022, 2023, and 2024. Beyond those new
         | targets, however, the agreement releases AMD from all further
         | exclusivity commitments to GlobalFoundries. AMD is now free to
         | use any fab on any process node that it wants.
        
           | totalZero wrote:
           | They traded exclusivity for a minimum order size. I'm not
           | sure I would read that negotiation as setting a sunset date
           | on their overall relationship at the end of 2024, and I
           | definitely wouldn't read it as AMD being totally free prior
           | to 2025.
           | 
           | 1.6B is half a quarter's revenue for AMD. Milan has been a
           | slam dunk; there's obviously some value over at GloFo for
           | AMD, and it wouldn't be a no-tears breakup (hypothetically
           | speaking).
           | 
           | I don't dispute that GloFo's role in AMD's strategy will
           | necessarily change if it becomes part of Intel.
        
       | [deleted]
        
       | tus89 wrote:
       | Well I guess AMD is starting to fab at TSMC so this is not a big
       | as deal as it sounds (although in $$ terms it certainly is).
        
         | yvdriess wrote:
         | Their IO chiplets are still produced by GloFo, who has been
         | carving out a niche in IO. It's a good strategy for GloFo, as
         | driving a signal for IO can safely stay on older process nodes,
         | it doesn't scale as well as compute or memory with transistor
         | density.
        
       | a_zaydak wrote:
       | Wonder if this will go under Intel Federal since GlobalFoundries
       | is the only US foundry able to do some DoD work.
        
       | jarym wrote:
       | Ahh classic. If you have tons of cash and fading dominance just
       | buy up some other market players and screw 'em up real good (in
       | corporate terms).
       | 
       | At least that's typically how these things go. I hope it's
       | different 'this' time.
        
       | 9front wrote:
       | It's not a done deal! Intel is just exploring a deal to buy
       | GlobalFoundries. This is from the WSJ article: "It isn't
       | guaranteed one will come together, and GlobalFoundries could
       | proceed with a planned initial public offering."
        
       | markzzerella wrote:
       | Nice to see that the $52bbn in tax money from the chips act is
       | being used for consolidation of industries. Blatant corruption
       | and nobody even cares.
        
         | thunkshift1 wrote:
         | Airline bailouts? Bank bailouts? Internet provider subsidies?
         | Anything goes in pharma?
        
           | coldacid wrote:
           | America, the _corporate_ welfare state.
        
         | [deleted]
        
         | totalZero wrote:
         | The $52b comes from USICA and it hasn't passed the House yet as
         | far as I know. Please correct me if I'm wrong.
         | 
         | What are they supposed to do, not compete during the heyday of
         | their industry because they expect a tax credit to be paid out
         | over the next several years?
        
           | bigbizisverywyz wrote:
           | The expectation of this legislation passing might also make
           | it easier for Intel to raise cash to fund the acquisition if
           | they need to borrow.
        
           | markzzerella wrote:
           | The senator that wrote it thinks it passed.
           | 
           | >Sinema's bipartisan CHIPS For America Act - which is now law
           | - restores America's leadership in semiconductor
           | manufacturing.
           | 
           | https://www.sinema.senate.gov/fueled-sinemas-chips-act-
           | intel...
        
             | totalZero wrote:
             | Congress does not.
             | 
             | https://www.congress.gov/bill/117th-congress/senate-
             | bill/126...
             | 
             | The CHIPS Act is not USICA. That $52B number comes from
             | USICA, which has not yet passed the House. I was being
             | deferential earlier out of politeness but you didn't take
             | the hint and look it up. Here is some light reading on it:
             | 
             | https://www.engadget.com/senate-usica-endless-frontier-
             | act-0...
             | 
             | https://www.theverge.com/2021/6/8/22457293/semiconductor-
             | chi...
        
               | markzzerella wrote:
               | >The CHIPS Act is not USICA
               | 
               | And my comment specifically referred to the chips act,
               | which has passed [1]. I'm not really sure why you would
               | be distracting from the point by bringing up other
               | legislation that has not yet passed? Like all good
               | corruption, exactly how much money is moving around is
               | obfuscated. I've seen both "$10-$50 billion" and "$52
               | billion" as numbers for the CHIPS Act. If you have a more
               | accurate number I'd be more than happy to update my post.
               | 
               | So the question is did they get billions from the chips
               | act like the senator that wrote it thinks they did or
               | not? If they did then you're quibbling over exactly how
               | many billions they got, which isn't a good look. That
               | they potentially have _more_ coming in doesn 't really
               | change the substance of my comment in the context of the
               | original article at all. So thanks for the heads up on
               | the next few billions they will be getting I guess?
               | 
               | [1] https://www.sinema.senate.gov/congress-approves-
               | sinemas-bipa...
        
         | coliveira wrote:
         | You're correct. They received a ton of money from government
         | [0], and that money will be used for consolidation, not to
         | improve competitiveness. Intel is buying a bunch of outdated
         | fabs to increase its pricing power on older technology.
         | 
         | [0] https://www.semiconductors.org/chips/
        
           | Jonanin wrote:
           | This comment is wrong on nearly every front.
           | 
           | 1) No money has been received. USICA ($52b number) has not
           | even been passed through congress yet.
           | 
           | 2) 12nm is hardly "outdated", not every use case requires the
           | most cutting edge node. There is plenty of value to be had at
           | that process size.
           | 
           | 3) There is more to running a foundry than process size, and
           | Intel is likely interested as much/more in the customer
           | relationship parts, as elaborated extensively in other
           | threads
        
         | [deleted]
        
       | phkahler wrote:
       | I would hope this is blocked simply due to the reduction in
       | competition. Number one player should not be buying anyone.
       | 
       | OTOH my impression was that GloFo stopped short of EUV due to the
       | cost, not that they couldn't do it. Intel might be able to fix
       | that, but I think they're probably going the way of IBM.
        
         | ike77 wrote:
         | But not having any of the players able to stand up to TSMC is
         | also not good for competition.
         | 
         | Allowing smaller market participants to consolidate to face the
         | behemoth is not necessarily going to be perceived as anti-
         | competitive.
        
           | andrewclunn wrote:
           | Golablism killed anti-trust. If you don't aid your nation's
           | mega corp, then they'll lose to another nation's when they
           | receive preferential treatment. It's economic warfare and
           | we're all fascists (in the sense of public private
           | partnerships with regulations turning large corporations into
           | extensions of the state for security means) now.
        
           | phkahler wrote:
           | >> Allowing smaller market participants to consolidate to
           | face the behemoth is not necessarily going to be perceived as
           | anti-competitive.
           | 
           | Intel is not small by any measure. Now TI and GloFlo, or some
           | other pairing I might agree with.
        
       | BuckRogers wrote:
       | I don't invest in Intel, but I am bullish on their prospects in
       | general. I love that they are an American company that has large
       | production facilities in the US. I would have no qualms with
       | increasing government aid and subsidies to them. I'm rooting for
       | them to succeed. But I do follow the Warren Buffett methodology.
       | I personally have had very good experiences with most Intel
       | products. So that positive experience may color my views a little
       | bit. It's like all of my friends that have owned Toyota products,
       | it's almost universally a good experience from what I can tell. I
       | wish Toyota was also an American company.
        
         | ffffwe3rq352y3 wrote:
         | From what I've seen Intel has _not_ been nice to consumers or
         | smart with their chips so far. For many years they just pumped
         | the prices with mediocre processors because of their dominance.
         | However, now the tables have turned and AMD is crushing them
         | almost everywhere! I feel like they get what they deserve for
         | being lazy and not innovating and we shouldn 't reward that.
        
           | paulmd wrote:
           | > From what I've seen Intel has not been nice to consumers or
           | smart with their chips so far. For many years they just
           | pumped the prices with mediocre processors because of their
           | dominance.
           | 
           | Intel was pretty aggressively driving down price-per-core up
           | until the 6000 series/ 14nm chips. For example here's the
           | price series for a 6-core chip from each of their series:
           | 
           | i7 970 (Nehalem-E, July 2010): $885
           | 
           | i7 3930K (Sandy Bridge-E, Nov 2011): $583
           | 
           | i7 5820K (Haswell-E, Aug 2014): $389
           | 
           | i7 6800K (Broadwell-E, May 2016): $434
           | 
           | So in basically 4 years (+1 month) they reduced the price of
           | their entry-level 6-core processors by more than half (56%
           | reduction), comparing 970 vs 5820K. It specifically is
           | Broadwell (the first 14nm chip) where intel lost the plot and
           | prices started _increasing_.
           | 
           | People also dump on Intel for not increasing core count in
           | the consumer platform chips, which I think is a deeper
           | subject than people treat it as. Certainly by the 6000 series
           | they should have pushed the consumer platform up to 6 cores,
           | but fundamentally the consumer socket is driven by the
           | economics of office machines and walmart PCs. Up through
           | Haswell, 4 cores was the right amount for an average desktop
           | for the average office worker (not talking about powerful
           | workstations for developers here, those users always had the
           | option of the HEDT platform with more cores/memory) or the
           | average home user (again, not talking about power gamers, and
           | if you wanted more HEDT was always a fairly reasonably-priced
           | option too, especially during the Haswell generation). There
           | was, at the time, no 6-core die, the next step upwards was
           | the 8-core HEDT die with quad-channel RAM and all that other
           | stuff, and I doubt that would have fit into a consumer socket
           | even if you wanted it to, and having 6-core chips with dual-
           | channel RAM probably would have impacted performance until
           | DDR4 came along with the 6000 series.
           | 
           | On the whole Intel didn't actually do too bad _up until the
           | 6000 series_ , when the combination of a complete shitshow of
           | a 14nm node (in these latter years of 14++++ people forget
           | what a mess early 14nm was), the lack of competition, and the
           | beancounters gaining firm control of the company all
           | combined. But that's really a specific, narrow range of time
           | - 2016 and 2017 mostly. Then in 2017 Intel shit their pants
           | after seeing Ryzen and released the 8700K, which was a wildly
           | aggressive product for Intel at the time - same i7 pricing
           | but 50% more cores, and such a solid product that it
           | basically forced AMD into similar price reductions
           | (abandoning the $500+ segment for a generation, and big price
           | cuts on their existing products).
           | 
           | I really see the "intel got greedy" thing as being
           | _specifically_ 2016-2017. 5820K was extremely good value for
           | a 6-core (even if it did need a  "more expensive
           | motherboard", those are cheaper than a high-end X570 now and
           | far far cheaper than sTRX40), the problem was the 6000 series
           | and failing to push core count up on the consumer socket at
           | that time, and I think that is largely attributable to early
           | 14nm woes. Certainly by the 7000 series yields would have
           | improved and Intel could have pushed core counts up, 7000
           | series is arguably one of the worst releases Intel has done
           | in terms of how rapidly it aged out of the market.
           | 
           | (although to be fair - up until like 2018/2019 you could
           | easily sell a 7700K and get almost all your money back and do
           | a straight upgrade to a 8700K, so it wasn't the end of the
           | world from a user perspective.)
        
             | ffffwe3rq352y3 wrote:
             | Yeah that's just the feelings I had. I literally am basing
             | my opinion off zero data and just how I felt! It's actually
             | funny because the years I was really into building my own
             | computer was 2016-2017! I'm still looking but not as
             | invested now.
        
           | BuckRogers wrote:
           | That hasn't been my experience as a consumer. I've had 4
           | Ryzen systems over the last 4 years (owned nearly every
           | generation), and also my Intel systems. My experience has
           | been less "crushing Intel" and more "crushing me" and my
           | time. From what I've experienced, the price increases in
           | Intel platforms are just from added quality assurance in
           | their engineering. Obviously I wanted my Zen, Zen+, and Zen3
           | systems to work well but they all had something ranging from
           | weird idiosyncrasy to major flaw. I just sold off my last
           | Zen3, as I greatly prefer my 11th gen board and chip. That's
           | just my experience and my perspective at this point. Other
           | people seem to love them so there's a market for everything.
        
             | ffffwe3rq352y3 wrote:
             | Yeah I'm really only talking about processing power! I
             | don't own as many computer as you do so you might have a
             | more accurate experiences with that.
        
         | CyberRage wrote:
         | Intel is facing some difficult times ahead. they were the kings
         | of the industry for a while but now there is a lot of pressure
         | and competition coming.
         | 
         | AMD is re-surging with great technology, they already chipped
         | away some market share in key sectors and I see that continuing
         | for a while.
         | 
         | TSMC has closed the gap and exceeded Intel in manufacturing,
         | Samsung is not too far behind. Intel is no longer the market
         | leader in chip fabrication.
         | 
         | Nvidia is buying ARM and aiming to start competing in the CPU
         | space, with their GPU leadership that could be huge.
         | 
         | x86 is starting to lose it's complete dominance & new players
         | coming in(Apple M1, RISC-V, Nuvia, Ampere)
         | 
         | Cloud vendors are starting to build their own chips and tech
         | instead of buying them(Graviton, TPU)
         | 
         | I see Intel still being profitable and stable but losing their
         | truly unprecedented grasp on the industry.
        
           | BuckRogers wrote:
           | That's been the general theme for years now. For their own
           | products, as long as they maintain their quality levels, I
           | think they'll be fine on design. My understanding is they've
           | been pivoting to become an alternative to TSMC and Samsung as
           | a foundry source, and will be assisting with 3rd party
           | designs similar to ARM for interested parties such as cloud
           | vendors. But potentially with x86 compatibility for some,
           | which would only strengthen it. Intel has needed to do all of
           | this for a while now but if they execute properly (which is
           | the hard part), I think the future is bright.
           | 
           | I do agree they won't have "truly unprecedented grasp on the
           | industry", because I think they lost that a long time ago
           | with globalization. The existence of TSMC/Samsung etc. I do
           | think that means simply a larger market with more players and
           | customers, rather than a shrinking Intel.
           | 
           | Microsoft evolved their business with the times and came out
           | stronger, I think Intel will as well. I know they've been in
           | talks with Nvidia to manufacture some of their stuff due to
           | offshore supply being uncertain at best. If the world
           | continues to be as uncertain as it has been, I think they're
           | in a very different position than the widely held popular
           | notions that you described.
           | 
           | It was all good, even preferable, to outsource that dirty
           | manufacturing in the good times. I believe all the commonly
           | held analysis that Intel is set for decline no longer has
           | legs to stand on. I don't view fabless design firms like
           | NV/AMD/Apple/ARM as competition. In these dark days, if you
           | can't make things, you basically have nothing. Just a piece
           | of paper.
        
           | colinmhayes wrote:
           | AMD's revenue is half of Intel's profit. Nvidia's market cap
           | is double intel's even though intel's profit is 4 times as
           | high.
           | 
           | Intel still has a long way to fall. Unless ARM becomes
           | dominant to the level x86 is I think they'll recover.
        
       | PaulHoule wrote:
       | Exciting. Gloflo could use a boost and intel could use a foundry
       | business.
        
       | mirchiseth wrote:
       | Wow,GF came out of AMD and now going to Intel.
        
       | MangoCoffee wrote:
       | if Intel want to get into the foundry business with IDM 2.0.
       | Intel should buy number 3 (UMC) instead. at least UMC is
       | profitable unlike GF.
       | 
       | https://static.designandreuse.com/img20/20201207c_1.jpg
        
       | dublin wrote:
       | Well, that's going to make AMD reconsider the wisdom of spinning
       | off its fab biz as GF, now isn't it?
        
       | cm2187 wrote:
       | How many distinct foundries will be left in the world after this
       | happens?
        
         | stefan_ wrote:
         | There is already only Intel, Samsung and TSMC working on next-
         | gen foundries. GlobalFoundries dropped out a while ago.
        
           | abledon wrote:
           | this seems insane the ENTIRE WORLD depending on TSMC to
           | manufacture computer chips lmao jesus
        
             | paulmd wrote:
             | At least TSMC has finally agreed to build a cutting-edge
             | 5nm fab in the US. And more recently this has been
             | increased to 100k wafers per month, so the capacity is much
             | larger than originally planned - TSMC has 120k wafer/month
             | at their plant in Taiwan (Fab 18) so this will almost
             | double the current capacity (although TSMC is building more
             | capacity in Taiwan as well so this probably will work out
             | closer to a 1/3 split of capacity once it's operational).
             | 
             | https://electronics360.globalspec.com/article/16465/report-
             | t...
             | 
             | This has always been national-security leverage for Taiwan
             | - if China ever attacked, Taiwan would make sure TSMC was
             | destroyed and utterly cripple worldwide chipmaking. Like if
             | you think the current shortages are bad imagine the only
             | cutting-edge fab in the world disappearing overnight. That
             | leverage only works if all of TSMC's facilities are in
             | Taiwan so the idea that they would ever agree to build one
             | anywhere else was absolutely unthinkable even a year ago.
             | 
             | The US must be playing some serious hardball given the
             | shortages that have sprung up this year and it looks like
             | they're getting results. First it was a little fab for
             | national-security stuff and it's morphed into the US
             | getting a gigafab.
             | 
             | On top of that Japan is getting a TSMC specialty fab - not
             | power stuff, but it'll do CMOS sensors for cameras and
             | automotive/embedded type stuff, and the EU is negotiating
             | for a cutting-edge fab of their own. It's a huge sea change
             | in the last year.
        
               | abledon wrote:
               | yeah it boggles my mind US spends Trillions on
               | Military... yet large % of the chips powering every
               | digital device we use (incl military) is made right next
               | to China. Can you build a chip factory with a fraction of
               | their budget... cmon
               | 
               | Long $TSMC i guess
        
               | paulmd wrote:
               | The US military actually goes out of its way to source
               | domestic chips where at all possible. Currently this
               | means a lot of Intel (or the older AMD/IBM chips made at
               | GlobalFoundries I suppose), and there is a pretty
               | significant amount of trailing-edge fab capacity in the
               | US still, but you're right that it's not everything and
               | there's some stuff they have to source from other
               | countries.
               | 
               | That is actually the consensus reason (not sure it was
               | ever stated outright) for the original plan for the 20k
               | wf/m fab TSMC was building in Arizona (that has since
               | been upgraded to 100k). Even if it wasn't necessarily a
               | huge plant in terms of global supply, it gave the US
               | defense/intelligence community a guaranteed supply of
               | chips with domestic manufacturing and chain of custody.
               | 
               | It is nuts just how much of cutting-edge production is
               | concentrated in the pacific rim region there, and the
               | current shortages have really driven that point home even
               | harder. Even leaving aside Chinese invasion of Taiwan,
               | there could be a tsunami or some other natural disaster
               | that takes out TSMC and that would just absolutely gut
               | the worldwide economy. Imagine the current shortages
               | where everything is still running at capacity, and then
               | imagine that TSMC or some other major fab would go
               | offline (Samsung getting hit in Korea, etc), be destroyed
               | and take years to come back online - there are the same
               | limitations as bringing new capacity online, you have to
               | wait years to source new machines from ASML and so on.
               | 
               | It potentially could happen anytime. It could happen
               | tomorrow. Just another big earthquake that sends a
               | tsunami at just the wrong place and compounds all the
               | current shortages even worse. Even apart from the
               | national defense aspect, it is a dangerous concentration
               | of irreplaceable supply chain elements and I think the
               | US, EU, etc are really pushing to mitigate that danger a
               | bit.
        
           | FL33TW00D wrote:
           | https://semianalysis.com/globalfoundries-is-a-leading-
           | edge-f...
        
         | MangoCoffee wrote:
         | on the high end, Intel, Samsung and TSMC
        
         | ThrowawayR2 wrote:
         | 532.
         | 
         | (No, really. See
         | https://en.wikipedia.org/wiki/List_of_semiconductor_fabricat...
         | )
        
       | Roritharr wrote:
       | Why would they buy them if they've stopped developing 7nm 3 years
       | ago?
       | 
       | How far behind is Intel really?
        
         | eropple wrote:
         | Multiple American fabs--older nodes, but there's still _plenty_
         | of stuff to be made on 14nm, let alone 90nm. Patents. A sales-
         | pipeline team used to working with external partners instead of
         | doing everything in-house.
        
         | detaro wrote:
         | Not everything is made in the newest processes. Upgrading
         | existing fabs to newer processes has benefits over building new
         | ones. GF might have useful experience, e.g. with being a
         | contract fab for others, if Intel wants to go that route.
        
           | Roritharr wrote:
           | So would this purchase point towards Intel believing they
           | either can make up the process advantage of TSMC, or that
           | they don't need to?
           | 
           | Genuinely curious what you think.
        
             | colinmhayes wrote:
             | I don't think this has anything to do with next gen
             | process. It points toward Intel needing help starting their
             | foundry service in sales and external tooling.
        
               | MangoCoffee wrote:
               | agree. Intel buy GlobalFoundries gain nothing for high
               | end chip. its probably have to do with Intel IDM 2.0
        
             | detaro wrote:
             | I don't think it's related to making up the difference or
             | not.
             | 
             | GF won't have much if anything that helps them in that
             | regard, so I think it mostly means that Intel thinks they
             | can use more capacity of their own, even for not top-end
             | process.
        
       | cwizou wrote:
       | That's a bit surprising (if not ironic) but I think it may make
       | sense in a way. It's been pretty clear that Mudabala (an Abu
       | Dhabi fund that bought AMD fabs in 2008 which then became
       | GlobalFoundries) wanted to unload that investment after they
       | stopped shoving money into failed process developments (GloFo
       | licensed their 14nm from Samsung as a reminder after their own 14
       | failed, and their 7nm failed too), so no surprise on their end.
       | 
       | From Intel's perspective, there are also some US assets from IBM,
       | which GloFo "acquired" in 2014 (for -1.5 billion at the time),
       | which includes some oldish US fabs, but also a patent portfolio.
       | It certainly goes into the current US political narrative that
       | Gelsinger has been pushing.
       | 
       | But perhaps more importantly, I think that what Intel is buying
       | is what was sorely lacking them : people and a methodology of
       | working with external customers. From all I've heard over the
       | years, Intel's process and design teams are so insular and out of
       | touch with the rest of the industry's practices that they had a
       | terrible time just working with customers. It wasn't pretty when
       | they tried the two previous time to open up their process. Loads
       | of announcements, few products if any coming out, and when it
       | worked, they ended up buying their customers anyway, see Altera.
       | 
       | If Intel truly wants to go in the foundry direction, they'll get
       | some interesting outside experience, and while it may not make
       | sense from a pure process point of view, considering how much of
       | a sore point their inability to make it work has been on their
       | previous attempts, the idea may have a lot of merit.
       | 
       | Perhaps a very smart move from Gelsinger, time will tell, in the
       | meantime I'll have a laugh at Intel buying AMD's old fabs :)
        
         | ricardobeat wrote:
         | Not just buying their old fabs, I believe GlobalFoundries is
         | still AMD's main foundry, so most of AMD's products would be
         | built by Intel. The 'Intel Inside' stickers are going to get
         | very confusing!
        
           | ksec wrote:
           | > I believe GlobalFoundries is still AMD's main foundry,
           | 
           | Only the IOD are still on GF 14 / 12 nm, along with some APU.
           | Everything else are TSMC.
        
         | lizknope wrote:
         | > assets from IBM, which GloFo "acquired" in 2014 (for -1.5
         | billion at the time)
         | 
         | You used the term "acquired" along with a minus sign in front
         | of 1.5 billion but just in case other people don't get the
         | joke, IBM gave their fabs to Global Foundries and PAID them
         | $1.5 billion to take them.
        
           | xyzzy21 wrote:
           | :-)
           | 
           | Yep. I'm glad others are aware of this. There were certain
           | manufacturing processes that needed to be sustained for
           | "national security" reasons. GF was an imperfect solution but
           | it was better than the alternatives at the time.
        
           | _delirium wrote:
           | For what it's worth, IBM is suing to try to get its $1.5
           | billion back, claiming that GlobalFoundries didn't uphold
           | terms of the deal: https://www.burlingtonfreepress.com/story/
           | news/2021/06/11/ib...
        
             | kken wrote:
             | Intel could fix that. Could be an added incentive for the
             | deal.
        
             | chasil wrote:
             | Intel PowerPC. Who would have thought it would happen?
        
             | evilos wrote:
             | That is incredible. Why did GloFo think they could just
             | take the 1.5B and not deliver? I guess if they don't have
             | to pay too much damages it's a huge free loan...
        
               | detaro wrote:
               | Their interpretation is probably that they, as promised,
               | spent the 1.5B trying to deliver and it didn't work out,
               | too bad.
        
               | nikanj wrote:
               | Because example has shown time and again that you can
               | take the $1500 million, spend $100 million on legal fees,
               | settle for $400 million and keep a nice $billion
        
               | akiselev wrote:
               | This is America and they're a corporation. It's the price
               | of doing business.
        
         | duxup wrote:
         | Sounds like they need some Tom Smykowski's ...
         | 
         | Anyway I wonder if GlobalFoundries will be it's own business
         | unit or otherwise get enough independence to do things the
         | right way / differently than in the past? I often find large
         | companies who are 'not good with customers' aren't really great
         | at acquiring competency at being good with customers if they
         | just buy and assimilate it.
         | 
         | Heck I've been a part of companies who had a big customer focus
         | and they acquired smaller companies who weren't good with
         | customers, and somehow the smaller company infected the
         | organization and suddenly they became bad with customers :(
        
         | megablast wrote:
         | Why would intel need patents??
        
           | Scoundreller wrote:
           | Theoretically, no two patents overlap, otherwise they'd
           | infringe on each other. So any newly acquired patent covers
           | something every existing patent does not, including your own
           | portfolio's coverage.
        
             | kurthr wrote:
             | Well, actually it's perfectly possible for an older patent
             | to be broader than a newer and necessarily narrower patent.
             | That is in fact the goal of writing a valuable patent. Even
             | if only a narrow thing has already been claimed, but the
             | spec enables something broader then only something narrower
             | still can be patented after that publishes... otherwise it
             | is not novel.
             | 
             | Of course not all prior art is in patents so any journal
             | publication could also force narrowing of claims. Older
             | patents are almost always broader... if they cover the
             | thing you want at all.
        
             | CodesInChaos wrote:
             | AFAIK overlapping patents are fine and common. It just
             | means that when implementing the technology you need to
             | license/own both patents.
        
               | SahAssar wrote:
               | Isn't that only the case when the patents cover two
               | different parts of your own implementation? How could
               | someone patent something that has already been patented?
        
               | Someone wrote:
               | Let's say you invent the cart, and in the patent, you
               | describe a platform with two wheels and two handles to
               | push it.
               | 
               | Then, I can patent a cart with "a number of wheels" and
               | "at least one handle".
               | 
               | That's why patents tend to be so vague.
               | 
               | You don't want to keep the tiniest door open for such
               | cases, so you don't use a mirror, you use a light-
               | reflecting device. If you're smart, you don't even use
               | the term 'light'. Your invention likely works with radar
               | and rontgen, too. Maybe avoid electromagnetic fields,
               | too. Who knows whether something similar, in the
               | abstract, is possible with sound?
               | 
               | You also don't say a device needs to do A, then B if
               | there's a tiny chance it might be possible to accomplish
               | the same doing B first, then A.
        
               | ClumsyPilot wrote:
               | This sounds horrible. Isn't the patent is meant to be
               | practically usefull by a proffesional to build the
               | device?
        
               | meragrin_ wrote:
               | From my experience reading US patents/applications, they
               | aren't just vague like that. They start out specific and
               | then add additional claims which expand it. So they will
               | have some claim about a cart with a specific number of
               | wheels, but in later claims they'll add language to
               | generalize so any number of wheels are covered. There are
               | also figures and detailed descriptions which are separate
               | from the claims which aim to make clearer. Pretty much
               | any one I have read seems to make it clear enough create
               | the device.
        
               | rhino369 wrote:
               | That's not really a good example since a cart with two
               | wheels and a two handles anticipates under 35 U.S.C Sec.
               | 102 a cart with a number of wheels and at least one
               | handle.
               | 
               | But yea generally you want to describe things with a
               | billion examples, but no statements limiting the scope of
               | your invention.
               | 
               | The most devious strategy is that you disclose vague and
               | probably impossible embodiment. Wait 10 years and then
               | write claims that that narrowly target big products that
               | you really couldn't have invented ten years. But the
               | burden is more or less on the accused infringer to
               | provide you didn't describe the new invention in the old
               | patent.
        
               | richardwhiuk wrote:
               | Team A creates a patent covering X. Team B licenses Team
               | As patent and creates a patent covering X+A.
               | 
               | Turns out everyone who does X also needs to do A, to the
               | extent X is X+A, so everyone needs to license both
               | patents.
        
               | SahAssar wrote:
               | Makes sense but Team B's patent would be for their work,
               | not for Team A's work, right? I get that you'd need to
               | license both in this scenario, but the actual tech
               | claimed by the patents wouldn't overlap.
        
         | xyzzy21 wrote:
         | LOTS of companies are either suing or thinking of suing GF for
         | failure to uphold technology development/adoption agreements.
         | IBM is one of those.
         | 
         | This Intel situation is certainly part of "keeping it in the
         | USA" though it would have been far easier and cheaper to
         | prevent outsourcing back in the mid-1990s when Silicon Valley's
         | silicon ebbed out of the country. It was a night-and-day change
         | and lots of knowledgeable people were scattered to the wind
         | back then. Now much of that knowledge is having to be
         | reinvented and rediscovered from scratch (because it was tacit
         | knowledge that never could be recorded into books or other
         | writing).
         | 
         | This probably is the best way for Intel to become a foundry.
         | They tried 10 years ago and the entire process was 100% Epic
         | Fail. Not surprising given the pain seen when AMD split off its
         | fabs to form GF, when it abandoned being an IDM vertical fab.
         | When you are an IDM, many process-design interfaces break or
         | have to be formalized in ways that were never imagined or
         | learned by the organization. That's how Intel failed its
         | foundry attempt before so simply avoid Intel culture by buying
         | an already working culture makes a lot of sense.
        
         | baybal2 wrote:
         | > But perhaps more importantly, I think that what Intel is
         | buying is what was sorely lacking them : people and a
         | methodology of working with external customers. From all I've
         | heard over the years, Intel's process and design teams are so
         | insular and out of touch with the rest of the industry's
         | practices that they had a terrible time just working with
         | customers.
         | 
         | This is not a problem at all. If they wanted to go this
         | direction it's as simple as dumbing down, cheapening their
         | process a bit, and giving free reign to make decisions on what
         | they will be fabbing to technically competent salespeople.
         | 
         | With Intel's resources they could've even developed such
         | commodity process separately to their own process, and ran them
         | in parallel.
         | 
         | They had almost a whole decade to do that. It's just they
         | simply didn't.
        
           | VortexDream wrote:
           | Simple? When you have culture issues as Intel does, there's
           | nothing simple about any of this.
        
           | kingosticks wrote:
           | > It's just they simply didn't.
           | 
           | They've wanted to go in this direction for many years and so
           | far failed. We've had meetings with them over the years and
           | both times their offering was uncompetitive. I'm not sure
           | what the sales people are supposed to do if the core
           | technologies fabless customers want are not available.
           | 
           | I lot of people don't realise Intel are already in the
           | foundary business. I'm not surprised their customers are not
           | shouting about it - why would you want to tell everyone you
           | are using an arguably failed process.
        
         | dna_polymerase wrote:
         | > (GloFo licensed their 14nm from Samsung as a reminder after
         | their own 14 failed, and their 7nm failed too)
         | 
         | Can someone with insight explain how this can happen? GloFo is
         | a company worth billions, how can they just fail at this while
         | Samsung succeeds. What's so hard about this in particular? I
         | don't think I recall companies at this scale just failing at
         | something that is supposed to be their area of expertise.
        
           | WanderPanda wrote:
           | I'm looking forward to historians writing a big post mortem
           | about this in a few decades. For an outsider it is really
           | hard to get to the bottom of what makes a company succeed or
           | fail in this space. It seems like ,,throwing money at it" is
           | reaching its limits in this case
        
           | cwizou wrote:
           | I think the charitable answer is that bleeding edge process
           | development is getting very hard and many exited/stumbled.
           | IBM failed at 14nm too, and Intel which famously called
           | itself 2 years in front of the rest of the industry for
           | decades has been stumbling hard since 2015 and still hasn't
           | really replaced their 14nm on the most visible parts of their
           | lineup.
           | 
           | As to what failing means, it can be many things, sometimes
           | you just have way too many defects to have the process be
           | commercially viable (if your cost is 10x your competition and
           | you can't fix it, you don't have a process), some bad
           | technical choices because there's been less and less cross
           | industry cooperation (things like the ITRS that gave a rough
           | roadmap hasn't been a thing for a while, last I checked), and
           | introducing new technologies (EUV or new metals) may compound
           | those. Sometimes chips in your new process are more dense
           | (which is good), but perform poorly because of one of the
           | previously mentioned stuff to the point it's hard selling new
           | chips that perform worse than previous gen. In Intel's 10nm
           | case there was a bit of everything and it will be very
           | interesting to know exactly what factored in more (Cobalt is
           | often rumoured, a very overconfident choice for MPP was my
           | initial understanding, I haven't really followed on this).
           | 
           | In the case of GloFo, it's perhaps simpler than that : GloFo
           | was part since 2007 of an alliance between them (initially as
           | AMD), IBM and Samsung called the Common Platform [1] that had
           | more or less standardised a process, with a lot of the heavy
           | research done by IBM (I would say, out of spite for Intel)
           | and then used by GloFo and Samsung.
           | 
           | 14nm was the first that everyone was on their own, because
           | IBM failed their research. In the end, Samsung managed to get
           | it done, and GloFo either failed or... didn't try really hard
           | ? This is where I'm gonna speculate a tiny bit and be less
           | charitable, I don't think that GloFo was sufficiently funded
           | in terms of process development, despite their parent owner
           | being able to.
           | 
           | And it definitely looked like from the outside, at least from
           | my point of view, they were always in dire need of money
           | except for acquisitions, and late with everything (including
           | the process inherited from the alliance). Most of the
           | business decisions done (including buying Chartered and
           | reverse buying IBM's 22nm fabs) seemed to be about pure
           | business and missed the technical understanding of the
           | business and what it required to keep it going.
           | 
           | At the end of the day, for them, licensing 14 from Samsung
           | was a great out of that mess. But that didn't happen for 10,
           | and we (at least I) don't really know why. My guess is that
           | GloFo would probably have been happy to keep going on with
           | that arrangement, but I may be completely wrong on that one.
           | 
           | At the time I seem to recall that both had some issues
           | filling up their order book (which seems a bit insane today,
           | considering the current shortage) and that may have played
           | into it from Samsung's point of view.
           | 
           | [1](https://www.chiphistory.org/546-ibm-microelectronics-
           | common-...)
        
             | csharptwdec19 wrote:
             | > 14nm was the first that everyone was on their own,
             | because IBM failed their research. In the end, Samsung
             | managed to get it done, and GloFo either failed or...
             | didn't try really hard ? This is where I'm gonna speculate
             | a tiny bit and be less charitable, I don't think that GloFo
             | was sufficiently funded in terms of process development,
             | despite their parent owner being able to.
             | 
             | For whatever it's worth, it feels like GloFo has had
             | various process issues for a -long- time. While there were
             | issues with the Bulldozer design itself from a deep
             | pipeline perspective etc, the other factor in it's lukewarm
             | lifetime (especially the first couple gens) was issues with
             | GloFo's processes even back then. I know some of that was
             | that they were trying to gear more towards bulk silicon vs
             | CPUs but I think there were other issues too.
        
               | cwizou wrote:
               | > While there were issues with the Bulldozer design
               | itself from a deep pipeline perspective etc, the other
               | factor in it's lukewarm lifetime (especially the first
               | couple gens) was issues with GloFo's processes even back
               | then.
               | 
               | I think no process could have saved Bulldozer for AMD, it
               | truly was a deeply flawed design IMO, but yep GloFo
               | certainly didn't help. I think my "uncharitable" take was
               | a bit too kind considering.
               | 
               | Specifically in the case of AMD, GloFo relied early on on
               | guaranteed income from AMD through the Wafer Supply
               | Agreement which was stupidly tight (my understanding is
               | that it was part of the deal of selling to Mudabala,
               | though exact details are not public), included a massive
               | volume of must buy from AMD, and didn't include any
               | penalties for GloFo missing deadlines or having their
               | processes underperforming. They definitely coasted on
               | this and I should probably have mentioned this above,
               | since it led to many of their issues going forward till
               | 14nm.
               | 
               | It took them years to manage to loosen the WSA up, the
               | last step was (if I recall correctly ?) loosening the CPU
               | core exclusive that I believe was part of it (they had a
               | carve out for GPUs which were built at TSMC at the time
               | of the sale, though that was supposed to be phased out if
               | my memory is correct, before it was renegociated and AMD
               | moved the low end GPUs there instead, except maybe one
               | gen?).
               | 
               | To their credit, AMD pretty much never bad mouthed GloFo
               | in public. Managing to do the original Ryzen at GloFo and
               | getting as much out of the 14 process that they did is, I
               | think, one of the most underrated engineering tour de
               | force from those who worked on that. While supposedly
               | "copied exact" from Samsung, it wasn't exactly fully
               | there at the time.
               | 
               | I did read that the last renegotiated WSA between AMD and
               | GloFo is supposed to be going on till 2024 (?) currently,
               | so if this goes through, I hope there's a "in case of
               | sale" carve out, if just so anyone can save face a bit ;)
               | 
               | (and that would be a pretty large unburden from AMD in
               | any case, which makes the whole thing even more ironic)
        
         | SEJeff wrote:
         | I do wonder if this wouldn't be an antitrust situation.
        
         | ChuckMcM wrote:
         | Yes, I was surprised as well. That Global Foundries doesn't
         | seem to know about this suggests to me some shenanigans on the
         | street.
         | 
         | However, if they _did_ buy GloFo it would give them a straight
         | forward path to having a  "Fab for hire" service ala TSMC and
         | their own fabs as well. Kind of a have your cake and eat it too
         | thing if you can bring GloFo's ability to bake chips up to the
         | requisite standard.
        
           | pankajdoharey wrote:
           | No, Global foundries doesnt have a viable 5nm or 3nm node
           | yet, yeah they have suspended all 7nm operations and
           | researching on creating the 5nm node, but it will take time.
           | It makes more sense to buy TSMC than GloFo.
        
             | djmips wrote:
             | Maybe TSMC isn't for sale.
        
             | acjohnson55 wrote:
             | TSMC's market cap is more than 2x Intel's
        
               | throwaway4good wrote:
               | So then have tsmc buy intel???
        
               | moron4hire wrote:
               | I sincerely doubt the US Government would allow such an
               | acquisition. The only way I could see it happening would
               | be a monumental failure of communication between DoD and
               | the FTC. DoD absolutely requires a source of chips
               | designed and fabbed on US soil. As long as they are aware
               | of anything going on, they'll fight tooth-and-nail to
               | keep Intel independent.
               | 
               | This is such a big deal that it presents problems for
               | vendors working on even completely open, non-sensitive
               | systems. Like my company. We are a foreign language
               | instruction company that serves primarily DoD. Some of
               | our customers are being super reluctant to approve a
               | specific project of ours because it is nearly impossible
               | to buy appropriate hardware that is not manufactured in
               | China. We have to settle for a hardware vendor that is
               | not our favorite choice because at least the design
               | company is US owned.
               | 
               | It's not technically correct. It should be fine to use
               | these systems for non-sensitive purposes, but you try
               | negotiating a contract with a CO who won't explain
               | themselves/refuses to clarify with his own command that
               | this is OK.
        
               | dwater wrote:
               | The DoD probably wouldn't even have to get the FTC
               | involved (directly), they have enough leverage in CFIUS
               | to stop it there due to fabs being Critical Technology.
        
               | ngcc_hk wrote:
               | You hack from the weakest point but unimportant part. You
               | start from area not directly related ...
        
               | moron4hire wrote:
               | Well yeah, that's what we're doing. We have enough other
               | business to build the product on our own. But it's
               | slower. Access to capital and all.
        
               | eloff wrote:
               | The US would block that acquisition. No way they'd let
               | Intel go to a foreign country.
        
             | simonh wrote:
             | Not all chip foundry customers want or need the latest
             | greatest nodes. We can see this in the current chip
             | shortages, all those dozens of embedded CPUs needed in
             | cars, and in other consumer devices aren't sub-10nm
             | designs. The vast majority of chip manufacturing is
             | actually at fairly pedestrian nodes for cost reasons.
        
         | rathel wrote:
         | Intel _did_ offer foundry services, at least 3 years ago or so,
         | albeit designing stuff for that node required putting
         | everything in separated environment, and simulating in separate
         | compute farms. Even TSMC which was and is far ahead does not
         | demand this level of paranoia, only documentation is put in
         | secure isolated environment, other stuff being managed in the
         | more reasonable way of unix groups, which are, well, good
         | enough.
        
           | fouric wrote:
           | Isn't the difference that Intel is actually protecting its
           | chip IP, whereas TSMC just fabs other peoples' chips and
           | isn't in the business themselves?
        
             | rathel wrote:
             | Just designing on their node as a foundry customer.
        
       | [deleted]
        
       | rektide wrote:
       | Wow. This is the chipmaking side of AMD that got spun off in
       | 2009.
       | 
       | I didn't realize they still had a sizable US presence. Malta NY
       | (14nm fab) & outside of Burlington VT (90nm fab). The largest
       | employer in VT! Also Singapore & Dresden (12nm).
       | 
       | Supposedly they were going to try to go public. To be honest I
       | have a hard time understanding what's in this purchase for Intel,
       | hard to see this as anything but anti-competitive, but Intel is
       | trying to become a silicon foundry to others & GF knows how to do
       | that. They also have a decent patent warchest.
       | 
       | https://en.m.wikipedia.org/wiki/GlobalFoundries
        
         | kevin_thibedeau wrote:
         | The former IBM fabs are producing military parts. The US
         | government needs them to stay in operation and they don't need
         | to be on cutting edge processes since that presents problems in
         | extreme conditions.
        
           | xxpor wrote:
           | Aren't a lot of the rad-hard chips in satellites old PPC
           | designs from the mid-90s?
        
             | creshal wrote:
             | Civilian ones for deep space probes, yes. There's probably
             | more contracts around for various bits of military hardware
             | that are less well documented.
        
         | hoppyhoppy2 wrote:
         | GlobalFoundries is the largest _private_ employer in Vermont,
         | but the University of Vermont and the University of Vermont
         | Medical Center each has more employees.
        
           | grp000 wrote:
           | Kind of makes you realize how small Vermont is. I just
           | checked and the city of San Francisco alone has about 300k
           | more residents than the entire state of Vermont; 900k to
           | 600k.
        
             | acjohnson55 wrote:
             | And SF isn't even the biggest city in the Bay Area!
        
         | [deleted]
        
         | blihp wrote:
         | The purchase would both increase Intel's manufacturing capacity
         | and pricing power. There used to be half a dozen x86
         | manufacturers and I'm sure they've enjoyed having it down to
         | two (especially when one of them was weak) much more. What's
         | not to love, from their perspective?
        
           | Someone1234 wrote:
           | That they'd be increasing capacity in non-cutting edge
           | fabrication, which doesn't really move the needle for Intel's
           | current position.
           | 
           | If the argument is facilities and staff, that's fine. But
           | buying an outdated fab that won't compete with TSM isn't that
           | big of a game changer, Intel already has tons of that.
        
             | digikata wrote:
             | For non power sensitive embedded parts it makes a lot of
             | sense - at least to the point that the pricing could be
             | worked out with customers that want long term high volume
             | commitments.
        
             | barbacoa wrote:
             | Because there is still big money in old nodes. Half of
             | TSMC's revenue last quarter was from nodes >14nm.
             | 
             | https://www.anandtech.com/show/16621/tsmc-q1-2021-process-
             | no...
             | 
             | Even Nvidia's RTX 3080TI is on an optimized version of
             | Samsung's 10 nm node.
        
             | blihp wrote:
             | tl;dr version: think like a monopolist. Intel has been
             | successfully doing that for decades.
             | 
             | While semiconductor fabs don't have the useful life of say
             | a railroad, they are valuable for far longer than the 2-3
             | years they are in the spotlight. I'm no expert in this
             | area, but as the recent semi shortage demonstrates, it
             | appears today's 'ancient' fab can be viable for at least 20
             | years if not longer.
             | 
             | Given the astronomical costs of both the fab and chip
             | design for current nodes, we're likely to be seeing <=28nm
             | sticking around for far longer to get their payback on the
             | process nodes. So if you're Intel and you gobble up as much
             | of the production capacity as possible, that would seem to
             | be a prudent move as long as you don't overpay relative to
             | how much you'll be able to increase prices with the greater
             | share of the market. Think like Intel probably is: they're
             | not thinking of being one of many semi players, they're
             | thinking of being one of the last 2-3.
        
       | lambdasquirrel wrote:
       | Now we'll see if the Biden Administration's anti-trust stance has
       | any bite in it.
        
         | wumpus wrote:
         | Intel doesn't have much of a foundry business -- they build for
         | themselves -- so if anything this increases competition in the
         | foundry business, if Intel follows up by letting GloFo
         | customers use Intel's best fabs.
        
           | MikeUt wrote:
           | Fewer independent companies _increase_ competition? Sounds
           | like something out of a corporate press release.
        
             | wumpus wrote:
             | Intel's market share in the foundry business currently
             | rounds to zero. So no, it's not fewer independent companies
             | in the foundry business, it's the same number, and now the
             | underdog will have access to better fabs.
             | 
             | http://www.businesskorea.co.kr/news/articleView.html?idxno=
             | 6...
        
               | MikeUt wrote:
               | Like ISPs saying their mergers won't reduce competition
               | because they stay out of each-other's territories.
               | 
               | And if we look at the entire chip-making business,
               | instead of the narrow foundry-for-hire category? Or
               | consider the possibility of Intel expanding (not just
               | buying) into the foundry business?
        
               | coliveira wrote:
               | And we can ALWAYS create some artificial distinction
               | between business to justify obvious consolidation.
               | Following parent's idea we would never have too few
               | companies if at least two are left remaining.
        
               | wumpus wrote:
               | Are you referring to me? No, I don't agree with that at
               | all.
               | 
               | Mind you, I've been at 2 organizations that have
               | purchased chips from foundries, and we turned down both
               | Intel and IBM's offers. I'd love to see more competition
               | in that industry, and Intel buying GloFo will add to
               | competition on the high end.
        
               | wumpus wrote:
               | The only high-end non-memory foundry-not-for-hire left is
               | Intel. It doesn't seem that your comments reflect the
               | actual market.
               | 
               | Also, note that anti-trust law isn't about the
               | possibility of future expansion. Intel already tried to
               | enter the non-memory foundry-for-hire business and
               | failed.
        
         | anonuser123456 wrote:
         | Semiconductor manufacturing is a strategic asset. Antitrust
         | will not apply.
        
           | exikyut wrote:
           | I wonder if browser engines are a strategic asset?
           | 
           |  _[Gestures at IE vs Netscape]_
           | 
           |  _[Gestures at Chromebooks which 99% of population never run
           | Edge or Firefox on]_
           | 
           | (Yes, "the fight" is between Google and Apple now, but
           | still...)
        
       | detaro wrote:
       | I wonder what the state and terms of long-running contracts are
       | there, and if this could end up with Intel fulfilling old fab
       | contracts for AMD...
       | 
       | (As far as I know, AMD always held long contracts, partially with
       | exclusivity, with GF for fabrication, although this has weakened
       | due GF falling behind and not meeting its promised process
       | targets)
        
         | cwizou wrote:
         | Apparently AMD still had a Wafer Supply Agreement, last
         | renegotiated in may, that may be a bit weird indeed... See here
         | : https://www.hpcwire.com/2021/05/13/amd-and-
         | globalfoundries-c...
         | 
         | My understading is that AMD only used said contract for the I/O
         | part of their chips or some entry level GPUs, as they moved the
         | CPU cores to TMSC. I'm unclear on their current APU lineup.
        
           | paulmd wrote:
           | AMD is also rumored to be backporting Zen3 and RDNA2 to GloFo
           | 12+ for some low-end APU products, presumably due to cost -
           | TSMC 7nm is quite expensive which makes it less appropriate
           | for a certain segment of price-sensitive products.
           | 
           | https://videocardz.com/newz/amd-monet-12nm-zen3-apu-and-
           | berg...
        
         | jeffbee wrote:
         | The only thing that comes to mind is that IBM is suing GloFo
         | for their utter failure to advance the process and fulfill
         | their orders.
        
       | sitkack wrote:
       | I don't think this should be allowed. Intel is entered the public
       | fab market with an insane amount of production capacity, they
       | shouldn't _also_ be allowed to gobble up the 3rd place industry
       | supplier.
        
         | markzzerella wrote:
         | Of course it will happen, it was funded (directly or
         | indirectly) with public money[1]. The only thing that surprises
         | me is that I expected the ink to dry before they used my money
         | to buy their competition.
         | 
         | 1: https://www.sinema.senate.gov/fueled-sinemas-chips-act-
         | intel...
        
       | Buraksr wrote:
       | I think that this is a really interesting move by Intel. The
       | conspiracy theorist in me thinks this is an interesting way for
       | Intel to get at TSMC. A few years back there was a cross
       | licensing agreement between TSMC and GlobalFoundries. The
       | agreement is broad, and covers all patents made by TSMC for the
       | next 9 years [1]. It is easy to see how many problems this could
       | create for TSMC. Either the deal is void, in which case TSMC is
       | and has been likely infringing on Global Foundries' (with an
       | acquisition Intel's) patents... Or Intel has a broad cross
       | licensing agreement with TSMC... The deal was good for TSMC at
       | the time, as Global Foundries had given up on more advanced nodes
       | as the investment was just too much for their shareholders, but
       | with new ownership I see it as an interesting weakness.
       | 
       | Intel has historically been willing to play dirty, like messing
       | with compilers to benefit Intel over Amd[2]. Or like when they
       | gave kickbacks to OEMS [2]. Or when they paid vendors to not
       | support AMD fully in software[2]. Or just plain old false
       | advertising [2]. Actions like these is what led to a 1.25 Billion
       | dollar settlement with AMD [3].
       | 
       | Outside of playing dirty, it is a good strategic move for their
       | new foundry business. You get the tools, know how, processes, and
       | most importantly customers that can make the venture a success.
       | Intel has had a foundry business before [4], but they closed it.
       | "ecosystem is everything with the foundry business and that takes
       | time, money, and technical intimacy," [4]. Intel has money, and
       | they are buying the years in the foundry business they missed
       | along with technical intimacy to more standard tools. So, I think
       | it makes sense from a business perspective, as it gives Intel a
       | recurring revenue for its older processes and in turn greater
       | advantage from its vertical integration.
       | 
       | [1] https://www.anandtech.com/show/15038/globalfoundries-and-
       | tsm... [2]https://www.anandtech.com/show/3839/intel-settles-with-
       | the-f... [3] https://www.cnet.com/news/intel-to-pay-
       | amd-1-25-billion-in-a... [4] https://semiwiki.com/semiconductor-
       | manufacturers/intel/7912-...
        
         | csdreamer7 wrote:
         | Now this is some good insight on why Intel would buy GF. That
         | cross-licensing deal alone I can see being very useful for
         | Intel as they push in to EUV.
        
           | als0 wrote:
           | I would expect a cross licensing deal to include clauses to
           | cover the situation where one of the parties gets acquired.
           | For example, AMD would break their cross licensing deal with
           | Intel if they were bought.
        
       | Cyph0n wrote:
       | Interesting how GF isn't even aware of the talks. I guess
       | Mubadala wants to offload GF quickly?
        
         | MangoCoffee wrote:
         | probably GF have been bleeding for years.
        
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