- Globalfoundries was split when AMD decided to go to Fables 16 years ago
- Thomas Caulfield’s leadership made Glofo profitable; Now rumors link it to Intel
- A fusion could help Intel, but regulatory obstacles could block the agreement
Globalfoundries (Gloflo) was founded in March 2009 when an AMD with difficulties left its manufacturing division to go to Fables, a movement designed to help him survive in the highly competitive semiconductor industry.
Glofo finally became a key player in the foundry business, with a global manufacturing footprint in the United States, Europe and Asia, focusing on special chips instead of competing at the forefront. Under the leadership of Thomas Caulfield, who became CEO in 2018, Globalfoundries followed a strategy that led him to become the third larger semiconductor smelting for income and a public list in 2021.
However, speculation is currently brewing that Caulfield could become the next CEO of the AMD long -term chips rival, Intel. As reported by Eenews EuropeRumors began to follow an unexpected leadership change in Globalfoundries. Caulfield will move from CEO to executive president, with Tim Breen, who has also been in the company since 2018, assuming the position of CEO. This change has led the observers to question whether Caulfield can be preparing for a leadership role in Intel, which has been without a permanent CEO since the departure of Pat Gelsinger in December 2024.
Regulatory obstacles
Caulfield has extensive experience in the manufacture of semiconductors, but has not directed a product company like Intel. This has fed suggestions that, instead of simply taking care of CEO, it could supervise a fusion between Intel and Glofo. In such a scenario, Eenews Europe He suggests that Caulfield would become an executive president of the combined entity, with Michelle Johnston Holthaus leading Intel and Bree product business by integrating Globalfoundries in Intel Foundry.
A fusion would definitely benefit both parties. While AMD has seen its fortune in recent times, Intel has been fighting. Uniting forces with Globalfoundries could allow the merged company to offer a broader range of manufacturing capacities.
Adding more fuel to the rumor factory, Eenews Europe The reports that observers in a Reddit flow noticed a recent purchase of 8,913,000 Intel shares at $ 19.29. This unusual transaction occurred two days before Globalfoundries announced its leadership changes, which caused comparisons with the incentive of shares of $ 172 million granted to Gelsinger when it became the CEO of Intel in 2021.
Of course, any potential fusion would face regulatory obstacles, particularly in China, which previously blocked Intel’s attempt to acquire the tower semiconductor. If the approval is difficult, Eenews Europe He suggests that Intel could appoint Caulfield as CEO while maintaining nearby ties with Globalfoundries.
