Intel Corp (INTC)

[Professor MD]

Elmer
Sorry, I don't remember

Enclosed a copy of my post #142112

Global Foundry is a White Elephant.

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Oil revenues in many OPEC-member states, such as Qatar, Saudi Arabia and the United Arab Emirates, historically have been an important source of funding for the government, and authorities fear the sinking price of oil will impact government budgets negatively.
Saudi Arabia, for instance is expected to see a government deficit equal to approximately 20 percent of its gross domestic product, compared to a deficit of 3 percent in 2014. Local authorities and Saudi citizens have said they fear the large amount of debt the government was taking on would not be sustainable in the long term.

http://www.ibtimes.com/saudi-arabia-oil-prices-plunge-after-china-black-monday-business-leaders-debate-2067566
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Abu Dhabi can no longer float bonds to cover their 2015 deficit. The value of its investment all over the world cannot cover their obligations. Global Foundry (and AMD) can no longer be sustained.