GlobalFoundries is currently owned jointly by ATIC and AMD, but the situation is very likely to change soon, according to Reuters. ATIC is obviously discontent with its 65.8% stake of the foundry, and has recently filed an application with Germany’s cartel office to take over GlobalFoundries completely.

“This action is simply consistent with the long-announced plan for AMD to gradually become fabless, which was one of the key strategies behind the creation of GlobalFoundries,” ATIC said.

Doug Grose, the CEO of GlobalFoundries said last week that AMD would reduce its stake in the company over time and continue to focus on chip design. Actually, AMD has already become the world’s second largest fabless semiconductor player.