Why the $10 billion chip factory club just got smaller

It takes about $10 billion or even $15 billion to build a brand new state-of-the-art chip manufacturing plant, and only a few companies in the world can amass the kind of expertise and capital to do it. Globalfoundries admitted yesterday it would no longer invest in a bleeding-edge 7-nanometer fabrication plant, or fab. Advanced Micro Devices said…Read More