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Intel (NASDAQ: INTC ) has made it clear that it wants to go broader and deeper with its semiconductor foundry business. While under previous management the company had been less open with respect to foundry engagements (particularly on the point of building chips for a competitor), new management seems more open.
This had led investors and analysts alike to speculate about potential foundry customers. Citigroup's analyst recently pitched the idea that Marvell Technology Group (NASDAQ: MRVL ) would be an ideal fit for Intel's foundry. The argument is that Marvell would benefit, particularly in its mobile & wireless division, from the performance advantages that the 22-nanometer FinFET process from Intel would offer.
Join Eric Bleeker, CFA and Ashraf Eassa as they discuss the puts and takes of such a deal and why ultimately this match-up could be less dream-team and more pipe-dream.
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