Sale of IBM's Chip-Making Business To GlobalFoundries To Get US Security Review

dcblogs writes IBM is an officially sanctioned trusted supplier to the U.S. Defense Dept., and the transfer of its semiconductor manufacturing to GlobalFoundries, a U.S.-based firm owned by investors in Abu Dhabi, will get U.S. scrutiny. Retired U.S. Army Brig. Gen. John Adams, who authored a report last year for an industry group about U.S. supply chain vulnerabilities and national security, said regulators will have to look closely. "I don't want cast aspersions unnecessarily on Abu Dubai — but they're not Canada," said Adams "I think that the news that we may be selling part of our supply chain for semiconductors to a foreign investor is actually bad news."