Welcome to the Tech Meme Ride Home for Friday, July 16th, 2021. I'm Brian McCullough today.

Intel is considering a major acquisition to leapfrog back into semiconductor contention.

Valve releases its long-rumored hardware device, why they were able to make a deep fake of

Anthony Bourne's voice, and of course the weekend long read suggestions.

Here's what you miss today in the world of tech.

Sources say Intel is exploring a deal to buy global foundries, valuing global

foundries at about 30 billion dollars and giving Intel a shot in the arm

with its recent plans to go head to head with

T.S.C. and also its recent attempts to regain relevancy in the semiconductor

market quoting the journal.

Global Foundries is owned by Muba Dala Investment

and Investment Arm of the Abu Dhabi government,

but based in the US.

Any talks don't appear to include Global Foundries

executives as a spokesman for the company said it isn't in discussions with

Intel. Intel's new chief executive Pat Gelsinger in March said the company would launch a major push

to become a chip manufacturer for others, a market dominated by Taiwan Semic

Semic. Global Foundries is one of the largest

specialist chip production companies. It was created when Intel rival advanced

micro devices in 2008 decided to spin off its chip production operations.

Global Foundries has about 7% of the foundry market share by revenue according to Taiwan-based research firm,

Trendforce, end quote.

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