Intel Corp (INTC)

[PKRBKR]

You think IBM wants its technology to go out the front door with AMD employees and into UMC's backdoor by other AMD employees?

IBM and UMC already have/(Had) a joint development program for logic technologies. I'm not certain of the length of the agreement or for which technology nodes but it does/(Did) exist.

I think it interesting that AMD is likely putting a fork in their own internal logic development activities. They had never done that with any other JDP agreement.