Hell freezes, pigs fly: Rumor has it that Intel could merge with AMD's former foundry in potential multi-billion deal

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As reported byeeNews Europe, the rumors began following anunexpected leadership changeat GlobalFoundries.

A merger would definitely benefit both parties.

While AMD has seen its fortunes soar in recent times, intel has been struggling.

Joining forces with GlobalFoundries could allow the merged company to offer a broader range of manufacturing capabilities.

If approval proves difficult,eeNews Europesuggests Intel could appoint Caulfield as CEO while maintaining close ties with GlobalFoundries.