The Arabian Kings Are Buying FABs = INTEL BK SOON
Abu Dhabi's ATIC are on a shopping spree to buy FABs. It has now acquired the nine FABs of Chartered and is looking for more. With the mega FABs in Dresden and New York, ATIC/GLOBALFOUNDRIES are in a roll to world FAB domination.
This is smart. The dollar still worth something. And Abu Dhabi has plenty of the paper. Before the dollar bills turn into germ infested garbage worth less than pieces of toilet paper, the Arabian princesses are buying real estate in semi business.
For Intel, that's bad news. The only weapona Intel had against AMD were its monopolistic tricks and deep balance sheet. Intel had always outspent AMD on FABs to gain an advantage. No more, Paul. That's history.
The princesses of Arab have money to burn, and they will outspend Intel by a factor of 10.
Remember they have about 30% of AMD's shares. When AMD worth $200 billion. Their share worth $60 billion.
Intel BK is projected in 2011, after the massive $80 billion treble damages from the anti-trust lawsuit. Intel may have to sell its FABs to GLOBALFOUNDRIES to pay the damages.
NVIDIA's Huang independently reached the same conclusion as to Intel's inevitable demise.