Report says IBM nears chip deal
http://www.poughkeepsiejournal.com/story/money/companies/ibm/2014/06/11/report-ibm-deal-globafoundries/10352095/

The news that GlobalFoundries may not be interested in the plants leaves
open the prospect that IBM workers would leave the plants, a major blow
to Dutchess County's economy. The report cited a source saying the chip
division was losing $1.5 billion a year, but IBM has not publicly
reported that.

... snip ...

i.e. want intellectual property ... but not existing plants

list of major foundaries from moore's law thread
http://en.wikipedia.org/wiki/List_of_semiconductor_fabrication_plants

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