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Elmer Phud

10/07/15 6:40 PM

#142424 RE: Professor MD #142423

Professor

Globalfoundries is bunkrupt

That may be true but as a private company we don't know the inner workings and can only speculate. With layoffs, they obviously aren't ramping, and with AMD likely their biggest customer and suffering badly it's not hard to imaging things aren't looking good over there. I wonder if they've burned through the money IBM paid them to take those useless obsolete fabs off their hands?

The Fanboys are convinced Abu Dhabi will come to AMD's rescue with boatloads of cash.