Global Foundries Inc (GFS)

[x993231]

I grabbed 50k today. Anyone that doesn't see the chip shortage is not paying attention. When I buy, though, it's for the long hall. I'll let the day to day thing play out.

Not worried, politicians need a win, the shortage is here and the demand is growing by leaps ands bounds it literally takes billions and years to build more foundries.

X

[JohnCM]

I grabbed a bunch of chips a few months ago. Unfortunately, it has been a tough haul.

[x993231]

Yup looks like currently at 19% of free float (up from 7% at the beginning of the month), looks like about 5 to 10 times where the other foundries are at. I think the chip bill will end up passing hopefully with the pork stripped out by the senate.

I'm taking advantage of it and coming in for another scoop.

X

[JohnCM]

???????

Borrowed for shorting purposes?????????

[x993231]

1.2 million shares borrowed today that's about half the volume for the day. 10.3 M Current

X Long

[JohnCM]

A six-dollar fakeout ... assholes.

[Oleblue]

GlobalFoundries Announces Conference Call to Review Fourth Quarter and Full Year 2021 Financial Results

January 05, 2022 09:00 ET | Source: GlobalFoundries Inc.

...

MALTA, N.Y., Jan. 05, 2022 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, February 8, 2022, at 4:30pm U.S. Eastern Standard Time (EST) following the release of its fourth quarter and full year 2021 financial results after market close.

Conference Call and Webcast Information

The company will host a conference call with the financial community on Tuesday, February 8, 2022, at 4:30pm U.S. Eastern Standard Time (EST). Interested parties may join the scheduled conference call by dialing the following numbers:
Within the U.S.: 1-877-788-0411
Outside the U.S.: 1-615-489-8522
Participant Passcode: 8285067

The company’s financial results and a webcast of the conference call will be available on GF’s Investor Relations website at https://investors.gf.com.

A replay of the call will be available on the GF Investor Relations website within 24 hours of the call.

About GlobalFoundries

GlobalFoundries® Inc. (GF®) is one of the world’s leading semiconductor manufacturers. GF is redefining innovation and semiconductor manufacturing by developing and delivering feature-rich process technology solutions that provide leadership performance in pervasive high growth markets. GF offers a unique mix of design, development and fabrication services. With a talented and diverse workforce and an at-scale manufacturing footprint spanning the U.S., Europe and Asia, GF is a trusted technology source to its worldwide customers. For more information, visit www.gf.com.

For further information, please contact:

[e-mail]

[XenaLives]

Historic short interest:

You can go to this link to check short interest in a stock:
http://nasdaqtrader.com/Trader.aspx?id=ShortInterest

Publication schedule is here:
http://nasdaqtrader.com/Trader.aspx?id=ShortIntPubSch

 
        Settlement Date/Short Interest/Percent Change/    
       Average Daily Share Volume/Days to Cover     
  
   
 01/14/2022	2,666,956	3.72	1,409,031	1.89 
 12/31/2021	2,571,337	40.72	1,677,546	1.53 
 12/15/2021	1,827,328	12.81	2,007,724	1.00 
 11/30/2021	1,619,794	(4.62)	2,414,079	1.00 
 11/15/2021	1,698,295	100.00	3,281,688	1.00 
  
  
   

[c3po_3]

UVM Partnership with GFS

Must be getting prepared for producing GREEN PDK's

[x993231]

There were 22.4 k Shares Borrowed this morning and they covered them today.

So This is a purely a market thing not related to anything else.

X Gold should be going up?

[Porterhouse10]

Watching!

[x993231]

Good news for both BMW and GFS.
I ordered a new one the other day they informed me that most likely something random would not work because of the chip shortage, I thought that a strange statement "random".

Stay tuned 2022 is just around the corner.

X

[Oleblue]

GlobalFoundries Strikes Deal With BMW to Supply Scarce Chips
Dec. 27, 2021
BMW and other auto makers stung by the global chip shortage are taking steps to gain greater access to chips, including by placing long-term orders at suppliers and even dealing directly with foundries.
James Morra

Jolted by the global chip shortage, auto makers are taking steps to gain greater access to chips, including by signing long-term purchase agreements with their suppliers and even dealing directly with foundries deeper in the supply chain.

GlobalFoundries, one of the world’s largest contract chip vendors and Ford’s semiconductor partner since last month, said it has hammered out the latest deal with BMW and Inova Semiconductors. The companies said the new "supply assurance" agreement guarantees BMW “several million” chips each year.

The chips covered by the deal will be used in ISELED lighting technology co-developed by BMW and based on chips from Inova, and it will be deployed for the first time in BMW’s iX electric car and other models in the future. Inova is a fabless semiconductor firm in Munich, Germany, where BMW has its headquarters. The company sells a wide range of chips, including LED driver ICs at the heart of ISELED systems.

Said Andreas Wendt, who is responsible for purchasing and supplier relationships at BMW: "This improves planning reliability and transparency around the volumes needed for everyone involved and secures our needs for the long term."

The global chip shortage has slammed into the sector this year, forcing Ford, GM, and virtually every major car manufacturer to pause production at some point. Lead times for many of the chips used in vehicles are rising to record levels—more than a year in many cases—frustrating car companies trying to replenish their inventories. Moreover, industry insiders say prices for microcontrollers (MCUs) and other chips are also up.

The ongoing chip crisis is largely focused on microcontrollers (MCUs) and other special-purpose chips such as power management ICs and driver ICs manufactured on mature technology nodes such as 28-nm and above. Additionally, these kinds of chips are manufactured on aging equipment that uses 200-mm silicon wafers instead of the larger 300-mm format.

“The fact that the automotive industry has been conservative in qualifying older devices on larger wafer sizes has also hurt them,” said Gaurav Gupta, a semiconductor analyst at Gartner, where he focuses on the global electronics supply chain.

The sprawling supply chain used by the auto sector has to coordinate the delivery of up to 30,000 parts and up to 1,500 different chips from hundreds of suppliers to assemble even one vehicle. For the supply chain to work, all the components required to finish a vehicle have to get where and when they are needed. Even a slight delay in delivering a single component can make it impossible to assemble the final vehicle.

It generally takes three to six months to manufacture, package, test, and then deliver a semiconductor to a client. Then, add another six months from the shipment of a component to finish the assembly of a vehicle.

“In most cases, chipmakers are traditionally Tier 3 or Tier 4 suppliers to automakers, which means it usually takes a while until they adapt to the changes affecting automotive market demand," Gupta said.

Auto executives have been scrambling for months to get a better handle on their chip supplies, a critical part of a sprawling global supply chain that they have had limited visibility into. Executives are also trying to get closer to their chip suppliers, driven both by the global component shortage and the premise that cars will require more chips as the sector invests more in electric vehicles and autonomous driving.

Last month, Ford said it plans to work with GlobalFoundries to boost supplies of chips used in Ford’s cars. The deal also opens the door to co-research and development into several different types of chips, such as components used in in-vehicle networking, autonomous driving, and battery management (BMS) systems.

GM announced a long-term purchase agreement with Wolfspeed for the silicon carbide chips that sit at the heart of the integrated power electronics in its Ultium electric-vehicle platform.

Semiconductor firms have started favoring customers that share long-term forecasts about the chips they will need in the future. That helps companies with capacity planning and when it comes to reserving capacity ahead of time at their foundries.

“With this agreement directly with an OEM, we are certainly entering new territory as a semiconductor company,” Inova CEO and founder Robert Kraus said in a statement. "That is a real win-win situation."
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The agreement with GlobalFoundries is intended to guarantee long-term chip supplies for BMW, which has been hurt by the same procurement challenges that have plagued the sector for months. BMW has said the iX should go on sale in early 2022.

Auto chips are high on the priority list for GlobalFoundries, which last year moved its headquarters to the site of its most advanced fab in upstate New York. “GF is committed to building stronger relationships with the automotive industry to deliver innovation and address the growing demand for feature-rich chips,” said Mike Hogan, senior vice president of the industrial and automotive business unit at GlobalFoundries.

GlobalFoundries has previously said that it would at least double its output of chips to the automotive sector by the end of 2021

https://www.electronicdesign.com/markets/automotive/article/21212218/electronic-design-globalfoundries-strikes-deal-with-bmw-to-supply-scarce-chips

[XenaLives]

Yes, impressive...

[x993231]

Up 2% on a day when the market is down 2%.

Looking good.

Still saying we ain't seen nuttin yet.

X

[KCCO7913]

She’s rippin’!

$100 here we come.

[Outcast27]

Almost to good to be true. But I think it is. This is going to be a great investment for all who jumps in. Hope A small retreat and going to grab a few....Wow.

[x993231]

Lil B of A upgrade action.

Just wait until the next few steps are revealed.

X

[x993231]

As info for the Lazy guys Ford Deal


https://www.reuters.com/business/autos-transportation/ford-globalfoundries-say-they-will-work-together-boost-chip-supply-2021-11-18/

Xster

[MADDSTACKER]

Great news now let’s get to $75

[x993231]

Yes they will, just give it time. So over the past 25 years or so I've been in on about a dozen IPO's this looks to me to be a period where the stock has been transferred to the private holders they now have a liquid asset so if they want to take some off the table or transfer some to others they can. When its private the market is very limited.

Xster PDKs in the Pipeline

https://gf.com/blog/pdks-powerful-enablers-first-pass-silicon-success

[Think1st]

GFS needs LWLG technology in photonics, they must work together ,need each other
Lwlg makes things go at least 3 times faster with less energy, not saying anything new to most of you ,however look up lwlg and decide for yourself, very hard to understand exactly how the technology works, however gove it a try

[handsdo]

GlobalFoundries Hopes to Turn Profitable Amid the Chip Shortage

After years of losses, the newly public company shifted its focus to the low end of the market.
By Ian King
November 4, 2021, 5:00 AM CDT

The GlobalFoundries chipmaking plant in upstate New York. PHOTOGRAPHER: ADAM GLANZMAN/BLOOMBERG When Apple Inc. reported its most recent quarterly earnings, it said that revenue was $6 billion less than it could have been because it couldn’t get all the chips it needed and that the current quarter would be even worse. In doing so, it was revealing not only that the global semiconductor shortage was affecting one of the world’s most valuable companies, but also how it did so.
Apple’s devices famously use cutting-edge chips that the company designs for its own needs. Those weren’t the problem, according to Chief Executive Officer Tim Cook—it was the simpler chips that carry out mundane functions such as managing power and data. “On legacy nodes, we compete with many different companies for supply, and it’s difficult to forecast when those things will balance,” he told investors on Oct. 28.

The semiconductor industry is forever focused on making even more impossibly advanced chips, but the global chip shortage is most acute when it comes to chips made through processes that haven’t been cutting-edge for years. As a result, chipmakers who can’t compete with the most sophisticated players in the industry have been sharing in the boom in orders over the last 18 months.


This is good news for GlobalFoundries, the New York-based chipmaker owned almost entirely by the investment arm of the government of Abu Dhabi. GlobalFoundries, or GloFo as it’s sometimes called, raised $2.6 billion when it went public the day before Cook’s comments, quietly completing the third-largest initial public offering on a U.S. exchange this year, according to data compiled by Bloomberg. By Nov. 2 its share price had jumped more than 20%.


The company plans to spend $6 billion bolstering production, a small fraction of the commitments from top high-end chip producers TSMC and Samsung Electronics. GloFo, which was founded in 2009 as a spinoff of Advanced Micro Devices Inc.’s manufacturing operations, spent years bleeding cash in an attempt to achieve the scale required to compete with the top tier of chipmakers. In 2018 it gave up on making the most sophisticated chips and switched its focus to easier-to-manufacture parts.

CaulfieldPHOTOGRAPHER: COURTESY GLOBALFOUNDRIES
Semiconductor production is costly and time-consuming to set up, and GlobalFoundries kept losing money for years as it reshaped itself. But after a $301 million loss on revenue of about $3 billion in the first half of this year, it has more than $2 billion of commitments from customers to help it expand production, according to Chief Executive Officer Tom Caulfield. He says the growing need for chips in so many areas will translate into a period of sustained expansion for the industry. “We’re sitting at a half-trillion-dollar semiconductor market, and it took us 50 years to get here,” Caulfield says. “Consensus is we’re doubling in the next 10 years. What’s different this time is we’re going to have to go 10 times faster.”
Still, the chip market lurches in ways that are brutally difficult to time correctly. Periodic supply crunches inspire chipmakers to pour money into increased capacity, only to create a glut when customers pull back, leaving them with no way to recover their investment.
At this confused moment in the global economy, there are signs that Caulfield’s optimism may be misplaced. Chipmaker Texas Instruments Inc., a bellwether for the industry because of its tremendous reach, recently revealed a forecast that suggested the surge in electronic components is already beginning to slow.

GlobalFoundries Fab 8 and company headquarters in Malta, N.Y.COURTESY: GLOBALFOUNDRIES

GlobalFoundries is in an interesting position related to the other shifting dynamic in the semiconductor world: geopolitics. Its main plant is in upstate New York, near Albany, an attribute that Caulfield, a veteran of IBM’s chip operation, has tried to play to his advantage as he lobbies for subsidies from the U.S. government.

The Biden administration is worried about the lack of control that the U.S. has over the supply chain. But even after its U.S. IPO, GloFo is controlled by Mubadala Investment Co., which owns 80% of the company and whose main investment goal is to diversify Abu Dhabi’s economy away from oil. All this could muddy up the politics for a semiconductor company trying to navigate an industry that’s shifting in mysterious ways. Now it has to add to its list of tasks the art of pleasing public market investors.
BOTTOM LINE - Demand for less-sophisticated semiconductors has spiked as the pandemic persists, which is good news for a company no longer chasing the industry leaders


https://www.bloomberg.com/news/articles/2021-11-04/globalfoundries-gfs-hopes-to-turn-profit-amid-chip-shortage

[handsdo]

Pentagon Swoops In to Buy Last-of-Kind Chips for B-2, Destroyer

By Anthony Capaccio

November 8, 2021, 1:00 AM CST
Orders flow to GlobalFoundaries as it sells a key factory Initial $885 million in orders approved in stopgap bill

The Pentagon plans to place as much as $2 billion in rush orders by early March for customized semiconductors used in weapons like the B-2 bomber before the production line for them is shut down.

GlobalFoundries Inc. has sold the factory in Fishkill, New York, that produces the specialized chips used in GPS-dependent systems, and the new owner won’t be making them.

The Defense Department is confronting its looming supply crunch amid a global shortage of the chips used in consumer items from mobile phones to autonomous vehicles, markets where GlobalFoundries is expanding its production. The Pentagon’s move “addresses a diminishing manufacturing capacity,” said Jessica Maxwell, a spokeswoman for the department’s acquisition office

Under a stopgap spending bill passed by Congress, an initial $885 million in orders would be placed by Dec. 15 with U.S. contractors dependent on the components so that they can contract a substantial share of the total with GlobalFoundries. That gives the company “enough time to process the requests and manufacture the parts before the production line shuts down,” Maxwell said via email.

A sign of the issue’s urgency: The $885 million was the only Pentagon-related exception that the White House budget office asked Congress to approve in its stopgap spending measure, which generally freezes spending at fiscal 2021 levels.

The remainder of the $2 billion in orders would need to be placed by March 3, in advance of the expected completion of the factory’s sale next December, according to a defense official who spoke on condition of anonymity. Chips take about three months to go from discs of silicon to finished products.

Destroyers, Bombs

Systems that use the semiconductors include the B-2 stealth bomber, the Army and Marine Corps Joint Tactical Light Vehicle, the Army’s wheeled Stryker vehicle, the Navy’s Arleigh Burke-class destroyer and the Air Force’s new Small Diameter Bomb II, according to the Air Force, which is overseeing the chip purchases.

GlobalFoundries’s $430 million sale of its specialized fabrication, or “Fab 10,” facility to On Semiconductor Corp. is driving these “end-of-life” orders, the company said in a statement. “For certain programs and technologies, we are meeting the DoD’s needs by manufacturing large volumes of chips sufficient for the lifetime of the program.”

“In other instances, we are partnering with the DoD to extend the lifecycle of certain technologies manufactured at Fab 10 by transitioning the manufacturing of their chips to other GF Fabs,” the company said.

Read More: GlobalFoundries Hopes to Turn Profitable Amid the Chip Shortage

The April 2019 announcement of the Fishkill facility transaction called for On Semiconductor to take full control of the facility -- originally built by International Business Machines Corp. -- and its workforce by about December 2022, subject to regulatory review.

The Air Force said in a statement that the “bulk buy” of the military’s specialized GPS code-compliant “Application Specific Integrated Circuits” is intended to cover multiple years “for use in various cards, receivers, and/or platforms based on service requirements.” The components are built to defense standards for specialized weight and power requirements.

In February, the Defense Department signed a new strategic agreement with GlobalFoundries to supply semiconductors starting in 2023 manufactured at another facility in Malta, New York -- the home state of Senate Majority Leader Chuck Schumer who has been advocating for a robust and secure base of U.S. semiconductor suppliers. But that facility won’t produce the chips made at Fishkill.

GlobalFoundries operates manufacturing facilities in the U.S., Europe, and Asia, and it says as many as 250 companies are customers. The company is based in Santa Clara, California, but Mubadala Investment Co., the investment arm of the government of Abu Dhabi, owns 80% of the company.

— With assistance by Ian King

https://www.bloomberg.com/news/articles/2021-11-08/pentagon-swoops-in-to-buy-last-of-kind-chips-for-b-2-destroyer?srnd=technology-vp&sref=TBDibEcD

[makinezmoney]

$GFS: $64.20 in PreMarket.......... SOLID



This has been a BIG winner since IPO




GO $GFS

[MADDSTACKER]

Maybe sooner

[KCCO7913]

Easy target within a year or so.

The GF story is just beginning.

GF is going to have a huge impact on the commercialization and standardization of photonics technology over the coming years.

[MADDSTACKER]

Let’s go on our way to 100+

[makinezmoney]

$GFS: $58 going now............. Told you itll run


WOW.......... they finally catching on how big this is ????


AMAZINGGGGGGG




GO $GFS

[MADDSTACKER]

Run baby

[x993231]

Please read my posts for the last 2 years.

X

[x993231]

It's kind of a no brainer here, have studied this particular play for a long time. Keep your eye on the New York um, area.

X

[MADDSTACKER]

Hoping for long and strong up trend ,, good luck everyone

[KCCO7913]

Jose Pozo is the man! Always has great energy.

Hopefully LWLG and GF team up to help make photonics mainstream.

[KCCO7913]

Seems to be holding steady.

[SteveSchiets]

Pre market is a bit down. I do remember seeing very cheap shares (around 10 dollar) in the filings going into the new listing on Nasdaq.

I'm interested in buying but I risk it to go lower first. Good luck guys!

[SteveSchiets]

Were is that video with Anthony Yu on how GFS is willing to press the reset button for the whole microelectronics business in order to WIN with photonics integration. The interview is indeed with an photonics expert Michael Lebby. What up between those two companies?

[SteveSchiets]

Let's get the CEO to speak more about hybrid silicon photonics. How will the foundry look ten years from now?

[SteveSchiets]

Haha X, your position here is already my endgoal. Love it!

[tcubed]

Thanks x, I agree with you,

I'm just a minnow compared to your holdings but my plan is to hold a few thousand. I have a lot more LightWave and very excited for the near future.

Cheers,

tcubed

[prototype_101]

hey there, I'm new here, anyone here think GFS and LWLG are going to rock the DC world, and no I don't mean comics

[KCCO7913]

Phew…we’ve both been following long enough to know.

Photonics is the future.

It’s not about the next, smallest node with electronics. It’s about how to start transmitting all data with light, in a scalable and cost effective way.

GlobalFoundries is positioning itself for the future by being at the leading edge of next generation technology. If you want the latest and greatest photonics technology to implement into your chip designs, you will choose GlobalFoundries to make it for you.

[x993231]

Cool, cool, we are in the big leagues now, it takes big bucks to move this but it is fun playing. Grab a mod spot over there, 2 more posts

X

[x993231]

Since 2000 or so for me. Watcha think about silicon photonics need some help cause it's hitting its limits.

X

[KCCO7913]

Shoot nearly half my life!

Worth it. ;)

[x993231]

Yep, and you've been watching this unfold for a few years now so you get this photonics space.


Nice,

X

[KCCO7913]

Our close mutual ‘friend’ made a nice investment into GF today.

GF shouldn’t worry about the smallest node next year, they’re thinking long term with silicon photonics technologies.

It may take some time, but GF is going to be a wildly successful investment.

In the meantime, the adoption of LWLG electro-optic polymer modulators for interconnects will make them have a massive competitive advantage.

This is fun watching it all unfold.

[x993231]

GFS is building a new foundry in New York.


Watch what they do.

X

[x993231]

This is a very low risk investment.

I think we all know about the chip shortage, Intel's concern etc.

The industry was sleeping, Silicon photonics is not quiet the answer, but EO polymers combined with Silicon is infact the answer.

X

[x993231]

There are are quite a few shares to get disseminated. We are good. Wait for a a LWLG thing collaboration to be announced.

Not saying it will happen in the next week, but watch what happens.

3 times the speed of Silicon using half the power. Compatible with Silicon where the data is crunched and InP which is the laser. Pay attention my friends.

I'm not a flash in the pan investors, those with more than a 1 week um long position. We are good.

Just F'in watch.

The industry has a huge problem with Silicon, it is only so fast less than 50GHz. Lightwave Triples that.

I'm in both. I welcome you guys to go back years on my position there and read each, print the and read em.

I grabbed about 50k here today, it is win win.
Believe who you will.

X

X