- Globalfoundries was disturbed when AMD decided to go infabris 16 years ago
- Thomas Caulfield’s leadership made GLOFO profitable; Now rumors bind him to Intel
- A merger could help Intel, but regulatory obstacles could block the agreement
Globalfoundries (GLOFLO) was founded in March 2009 when a DMLA in difficulty disturbed its manufacturing division to go Fepless, a decision designed to help it survive in the highly competitive semiconductor industry.
Glofo has finally become a key player in the foundry sector, with a global manufacturing footprint in the United States, Europe and Asia, focusing on specialty fleas rather than competing with the advantage. Under the supervision of Thomas Caulfield, which became CEO in 2018, Globalfoundries continued a strategy which led him to become the third foundry of semiconductors by income and public inscription in 2021.
However, speculation is currently preparing for Caulfield could become the next CEO of the Long Time Chip Rival of AMD, Intel. As indicated by Enews EuropeRumors began to follow an unexpected leadership change in Globalfoundries. Caulfield should go from CEO to executive president, with Tim Breen, who has also been in the company since 2018, taking the CEO position. This change led observers to wonder if Caulfield could prepare for a leadership role in Intel, which has been without permanent CEO since the departure of Pat Gelsinger in December 2024.
Regulatory obstacles
Caulfield has a large experience in the manufacture of semiconductors, but has not managed a product company like Intel. This fueled suggestions that instead of simply taking over as CEO, it could supervise a fusion between Intel and Glofo. In such a scenario, Enews Europe suggests that Caulfield would become executive president of the combined entity, with Michelle Johnston Holthaus conducting the activity of Intel and Breen products integrating Globalfoundries in Intel Foundry.
A merger would certainly benefit both parties. While AMD has seen his fortune rose lately, Intel has had difficulties. Undering its forces with Globalfoundries could allow the merged company to offer a wider range of manufacturing capacities.
Add more fuel to the rumor mill, Enews Europe The reports according to which observers on a Reddit flow noted a recent purchase of 8,913,000 Intel shares at $ 19.29. This unusual transaction occurred two days before Global Foundries announced its leadership changes, making comparisons with the $ 172 million in Gelsinger incentive when it became CEO of Intel in 2021.
Any potential fusion would of course be confronted with regulatory obstacles, especially in China, which previously blocked Intel’s attempt to acquire a semiconductor of the Tour. If approval is difficult, Enews Europe suggests that Intel could name Caulfield as CEO while retaining close links with Globalfoundries.
