I thought GlobalFoundries was AMD's fab division spun off.
Precisely. IBM paid them to take their fabs away (yes, they paid them, not the opposite, they were so obsolete that it was basically a waste disposal operation)
Yes, more specifically IBM -> AMD -> spin off.
alt Hacker News
Precisely. IBM paid them to take their fabs away (yes, they paid them, not the opposite, they were so obsolete that it was basically a waste disposal operation)