Rumor: ATIC Interested in Taking Over Charted Semiconductor

Posted by Mikel on May 31st, 2009 at 01:55pm

Still remember Advanced Technology Investment Company (ATIC) who created the GlobalFoundry Company with AMD? According to the EETimes, ATIC has launched a $2.45 billion bid on Singapore’s Chartered Semiconductor Manufacturing Pte. Ltd. to buy Temasek Holding’s near-60 percent stake.
If the bid really goes through, ATIC will own two foundry vendors, which means GlobalFoundry would be more [...]

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