Intel in talks to buy GlobalFoundries for about $30 billion – WSJ

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Adds background, details on talks

July 15 (Reuters) – Intel Corp INTC.O is in talks to buy semiconductor manufacturer GlobalFoundries Inc for about $30 billion, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

GlobalFoundries, which has a manufacturing footprint across the U.S., Europe and Asia, is owned by Abu Dhabi sovereign wealth fund Mubadala Investment Co.