GlobalFoundries will Acquire IBM Chip Business

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I haven't expected that. IBM is selling more and more.
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Yeah... didn't see that coming. What is left of IBM then, if they sell their business including engineers and intellectual property? Their reserves of IBM t-shirts and stock of printer paper?
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I guess this means AMD can be competitive with x86 again... in 2016
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Hope this help nVidia to have 20nm for their Maxwell fabrication with profitable yields
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So, they are becoming a company like ARM - bet on intellectual property, instead of fabrication?
Yup and they still do other hardware and have huge software and services divisions.
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Basically: they keep their research and developpement center, most of their intellectual propriety concerning semi-conductors, their server ( HPC ) buisness. The difference is they will not anymore need to conduct their fabs and other material stuffs themselves but have Glofo who product the processors and globalize the appliccations of their research on production for them .. Only Intel ( and Samsung ), are conduct their fabs themselves... And it seems to be a curse of time, even Intel is now wanting to product semi-conductors for other....
Thanks for the info, didn't know that their R&D wasn't meant by selling IP and engineers, got that wrong there.