Globalfoundries: Aimed for $ 25 billion IPO

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Globalfoundries continues to remain silent about the planned IPO and wants to get it off the ground accordingly. Behind the scenes, however, the foundation stones are to be laid. The topic could then become public in October, so that it will be final at the beginning of next year.

Around 25 billion US dollars are currently being discussed as a value proposition for the IPO, in A figure of 30 billion US dollars haunted the spring. In the meantime, rumors arose that Intel might be interested in a takeover, which Globalfoundries rejected as inapplicable.