Abu Dhabi government fund may be shopping GlobalFoundries
by from Techreport on (#VY8Q)
The investors from Abu Dhabi who funded GlobalFoundries' expansion may be ready to tap out. A Bloomberg report citing "people familiar with the matter" says the Abu Dhabi sovereign fund, Mubadala Development Company, is exploring a possible sale of GloFo and has been in talks with potential suitors.
GloFo competes with firms like TSMC and Samsung in the silicon foundry business, making chips for a range of customers-still including AMD, along with a ...