In an unusual move, IBM will pay GlobalFoundries to take the chip business off its hands -- rather than GlobalFoundries paying IBM for the operation.
The man who oversaw Google's buyout of Motorola Mobility will now be in charge of the international chip manufacturer.
ATIC says it will invest the money over the next to years, which will aid the factory's expansion to produce 20- and 14-nanometer nodes.
A longtime customer of Samsung, Apple is reportedly looking at other companies to also manufacture its iPhone and iPad chips.
Apple could turn upstate New York into a global chipmaking hot spot if its rumored discussions with Globalfoundries bear fruit.
Intel, GlobalFoundries and other chipmakers have built massive facilities to manufacture more powerful computer chips. It's all part of a race to prove they can keep pace with Moore's Law.
CNET went to Intel's research hub in Hillsboro, Ore., and GlobalFoundries' factory in Malta, N.Y., to see the facilities developing tomorrow's chips. Intel, the world's largest chipmaker, has spent more than $25 billion building up six campuses in Oregon. GlobalFoundries, owned by the government of Abu Dhabi's investment arm, spent $10 billion creating its new Malta facility.
The Korean electronics maker, best known for TVs and mobile devices, also makes the processors powering those devices. Here's why it's now angling to be first with new chip technology.
Decades of progress creating conventional computer chips will stall in the coming years, forcing some far-out ideas on semiconductor makers. Carbon nanotubes or quantum computing, anyone?
If Apple owned capacity at a fab, it would give the company the kind of control over both design and chip manufacturing that Intel has.