Good on the new company for taking a moral stand and shutting down weapons and kill chain sales. The world is globalized already, us vs them is archaic thinking.
Matt, I think you’ve overfitted in this case. It’s a “single source” problem. In the “old days” you couldn’t sell a component on the open market without a second source (AMD’s license to make x86 parts dates from those days, though I believe it’s no longer necessary).
The pentagon used to make a lot of parts, just like the FDA used to do pharmaceutical research. Those days are gone.
So sole source is its own own problem, and will be an increasing issue as the pentagon depends on old and obsolete parts. I’m sure the actual weapons monopolies you’ve written about will be happy to step in, though for an additional price :-(.
Intel is reportedly in talks to buy the $30 billion foundry company AMD spun off a decade ago
Intel isn’t saying either way
By Sean Hollister@StarFire2258 Jul 15, 2021, 7:27pm EDT
In 2008, chipmakers Intel and AMD took two distinct paths: Intel kept manufacturing its own chips to maintain full control, while AMD decided to spin off its semiconductor business as GlobalFoundries, relying on it and other manufacturers to provide the actual silicon. Now, The Wall Street Journal is reporting that Intel is looking to snap up AMD’s former fabs as well, in a deal that could value them at $30 billion.
It’s clear from the WSJ story that the deal isn’t a sure thing, and GlobalFoundries outright denied that it was in talks with Intel. But it’s possible Intel’s negotiating with the investment firm that owns GlobalFoundries instead, as the WSJ points out. It’s also intriguing that the Journal doesn’t have a “no comment” from Intel itself — that’s sometimes a canary to indicate a company did comment, just off the record or on deep background.
(“We will decline to comment on rumor and speculation,” an Intel spokesperson told The Verge, though.)
GlobalFoundries moves headquarters to its fab in New York
Shifting from its previous HQ in Silicon Valley
April 27, 2021 By Sebastian Moss Be the first to comment
Chipmaker GlobalFoundries has shifted its headquarters from Santa Clara, California, to Malta, New York.
The new HQ is home to its Fab 8 semiconductor manufacturing plant, the company's most advanced factory.
As GlobalFoundries eyes billions in government incentives
GlobalFoundries
– GlobalFoundries
“Today, GF’s Fab 8 in New York is a $15 billion advanced semiconductor manufacturing facility and one that is playing a key role in the transformation of our industry to meet rapidly accelerating demand,” said GF CEO Dr. Thomas Caulfield.
The corporate shift was announced at an event in Malta with Senate Majority Leader Chuck Schumer.
“The chips that GlobalFoundries manufactures here in Malta are critical to our national security and to our economic competitiveness across key industries," Schumer said.
IBM sues GlobalFoundries over dropping 7nm, demands $2.5bn
GlobalFoundries says "outlandish demands" are "incredibly inconsiderate"
June 11, 2021 By Sebastian Moss Comment
IBM is suing chipmaker GlobalFoundries over its decision to drop the development of 7nm process node technologies back in 2018.
The company seeks $2.5bn in damages. GlobalFoundries - which is preparing to launch an IPO - hit back, saying that IBM was just in search of a "quick payday."
IBM and GF go through a bad break up
GlobalFoundries
– GlobalFoundries
In 2015, IBM and GlobalFoundries signed a long-term partnership to research, develop, and manufacture semiconductor chips for IBM's mainframes and server line.
As part of the deal, IBM paid GlobalFoundries $1.5bn to take over its loss-making chip business. In return, GF said that it would become IBM's sole chip supplier for the next decade.
In redacted court filings, IBM claims that GF agreed to use the $1.5bn to develop high performance 14nm and 10nm chips, an area it had previously little experience in. "GF, in turn, invested far more than this amount," the chipmaker countered in a response filed to court.
At this point, the two companies' narratives diverge. IBM claims that within months GF "intentionally betrayed" this partnership, and announced it would not develop or supply 10nm chips for IBM (or anyone else).
The company is still over 85% owned by Mubadala, the United Arab Emirates state investment fund. Mubadala took control of the company when AMD spun off its manufacturing arm, which became GlobalFoundries, and focused on chip design in 2008.Oct 30, 2021
The European Coal and Steel Community of 1948, a precursor to the EU, was intended to end the two-thousand-year Battle of the North German Plain by making France and Germany dependent upon one another.
Making American weapons run on Chinese electronics looks like a small step forward to me.
FWIW that site in E. Fishkill, NY, was a global leader in semiconductor capabilities back when it was built for and by IBM. It was one of a few that gave them a global advantage in chips in the late 1960s and 1970s. At the time, IBM was a "near monopoly."
Matt, would you agree that the merger frenzies that lead to monopolies, in much of our economy, is possible with lax anti-trust enforcement but also with access to capital due to fiat currency? If true, would sound money not fix this?
Good on the new company for taking a moral stand and shutting down weapons and kill chain sales. The world is globalized already, us vs them is archaic thinking.
Matt, I think you’ve overfitted in this case. It’s a “single source” problem. In the “old days” you couldn’t sell a component on the open market without a second source (AMD’s license to make x86 parts dates from those days, though I believe it’s no longer necessary).
The pentagon used to make a lot of parts, just like the FDA used to do pharmaceutical research. Those days are gone.
So sole source is its own own problem, and will be an increasing issue as the pentagon depends on old and obsolete parts. I’m sure the actual weapons monopolies you’ve written about will be happy to step in, though for an additional price :-(.
>Monopolies Slowly Destroying the Pentagon
That's not a bad thing...respect for corpos doin the right thing
Intel is reportedly in talks to buy the $30 billion foundry company AMD spun off a decade ago
Intel isn’t saying either way
By Sean Hollister@StarFire2258 Jul 15, 2021, 7:27pm EDT
In 2008, chipmakers Intel and AMD took two distinct paths: Intel kept manufacturing its own chips to maintain full control, while AMD decided to spin off its semiconductor business as GlobalFoundries, relying on it and other manufacturers to provide the actual silicon. Now, The Wall Street Journal is reporting that Intel is looking to snap up AMD’s former fabs as well, in a deal that could value them at $30 billion.
It’s clear from the WSJ story that the deal isn’t a sure thing, and GlobalFoundries outright denied that it was in talks with Intel. But it’s possible Intel’s negotiating with the investment firm that owns GlobalFoundries instead, as the WSJ points out. It’s also intriguing that the Journal doesn’t have a “no comment” from Intel itself — that’s sometimes a canary to indicate a company did comment, just off the record or on deep background.
(“We will decline to comment on rumor and speculation,” an Intel spokesperson told The Verge, though.)
GlobalFoundries moves headquarters to its fab in New York
Shifting from its previous HQ in Silicon Valley
April 27, 2021 By Sebastian Moss Be the first to comment
Chipmaker GlobalFoundries has shifted its headquarters from Santa Clara, California, to Malta, New York.
The new HQ is home to its Fab 8 semiconductor manufacturing plant, the company's most advanced factory.
As GlobalFoundries eyes billions in government incentives
GlobalFoundries
– GlobalFoundries
“Today, GF’s Fab 8 in New York is a $15 billion advanced semiconductor manufacturing facility and one that is playing a key role in the transformation of our industry to meet rapidly accelerating demand,” said GF CEO Dr. Thomas Caulfield.
The corporate shift was announced at an event in Malta with Senate Majority Leader Chuck Schumer.
“The chips that GlobalFoundries manufactures here in Malta are critical to our national security and to our economic competitiveness across key industries," Schumer said.
IBM sues GlobalFoundries over dropping 7nm, demands $2.5bn
GlobalFoundries says "outlandish demands" are "incredibly inconsiderate"
June 11, 2021 By Sebastian Moss Comment
IBM is suing chipmaker GlobalFoundries over its decision to drop the development of 7nm process node technologies back in 2018.
The company seeks $2.5bn in damages. GlobalFoundries - which is preparing to launch an IPO - hit back, saying that IBM was just in search of a "quick payday."
IBM and GF go through a bad break up
GlobalFoundries
– GlobalFoundries
In 2015, IBM and GlobalFoundries signed a long-term partnership to research, develop, and manufacture semiconductor chips for IBM's mainframes and server line.
As part of the deal, IBM paid GlobalFoundries $1.5bn to take over its loss-making chip business. In return, GF said that it would become IBM's sole chip supplier for the next decade.
In redacted court filings, IBM claims that GF agreed to use the $1.5bn to develop high performance 14nm and 10nm chips, an area it had previously little experience in. "GF, in turn, invested far more than this amount," the chipmaker countered in a response filed to court.
At this point, the two companies' narratives diverge. IBM claims that within months GF "intentionally betrayed" this partnership, and announced it would not develop or supply 10nm chips for IBM (or anyone else).
Who owns GlobalFoundries?
Mubadala
The company is still over 85% owned by Mubadala, the United Arab Emirates state investment fund. Mubadala took control of the company when AMD spun off its manufacturing arm, which became GlobalFoundries, and focused on chip design in 2008.Oct 30, 2021
The European Coal and Steel Community of 1948, a precursor to the EU, was intended to end the two-thousand-year Battle of the North German Plain by making France and Germany dependent upon one another.
Making American weapons run on Chinese electronics looks like a small step forward to me.
Matt, you will enjoy this study in rigged economies by another physicist invading economics via game theory and complex systems.
https://physics.aps.org/articles/v14/129
FWIW that site in E. Fishkill, NY, was a global leader in semiconductor capabilities back when it was built for and by IBM. It was one of a few that gave them a global advantage in chips in the late 1960s and 1970s. At the time, IBM was a "near monopoly."
Matt, would you agree that the merger frenzies that lead to monopolies, in much of our economy, is possible with lax anti-trust enforcement but also with access to capital due to fiat currency? If true, would sound money not fix this?