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$GFS GlobalFoundries Inc Deep Dive and 2024 Outlook
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$GFS GlobalFoundries Inc Deep Dive and 2024 Outlook

The Chip manufacturing company has received money from the US Government to open a Fab in the US

Madison Lennar's avatar
Madison Lennar
May 14, 2024
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$GFS GlobalFoundries Inc Deep Dive and 2024 Outlook
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GlobalFoundries Inc. is a semiconductor contract manufacturing and design company specializing in producing chips for various markets, including mobility, automotive, computing, wired connectivity, and consumer Internet of Things (IoT). The company, based in Malta, NY, serves a global customer base and focuses on manufacturing essential chips like those used in secure payment transactions, image sensor processors, and power management ICs for mobile devices.

GlobalFoundries emerged in 2009 when it took over AMD's chip fabrication plant in Dresden, Germany, and has since grown to become a significant player in the semiconductor industry. The company's products cater to critical functions like ensuring secure transactions, enhancing camera performance, and managing power efficiently in electronic devices. GlobalFoundries' technology roadmap includes offerings in 10 nm and beyond, with a focus on innovation through partnerships and extensive R&D investments.

The big questions for GlobalFoundries

  1. Can GFS secure additional foundry partnerships to meet chip demand?

  2. How will rising material costs impact GFS's profitability?

  3. What is the impact of geopolitical tensions on GFS's supply chain?

  4. How will GFS invest in next-generation chip technologies? Will the competition with INTC 0.00%↑ and TSM 0.00%↑ be meaningful to GFS 0.00%↑ ?

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