Still remember Advanced Technology Investment Company (ATIC) who created the GlobalFoundry Company with AMD? According to the EETimes, ATIC has launched a $2.45 billion bid on Singapore’s Chartered Semiconductor Manufacturing Pte. Ltd. to buy Temasek Holding’s near-60 percent stake.

If the bid really goes through, ATIC will own two foundry vendors, which means GlobalFoundry would be more competitive when confronting with TSMC.

The Charted Semiconductor has denied this talk, and ATIC refuses to respond either.