Global Foundries Inc (GFS)

[XenaLives]

Chart shows recent accumulation of GFS...

[XenaLives]

Blocks of 1,000 or greater since $60

 
 06/07/22	10:19:56	55.14	55.13	55.20	1,002 
 06/07/22	10:18:26	55.3199	55.24	55.32	2,000 
 06/07/22	10:16:30	55.6701	55.63	55.69	2,000 
 06/07/22	10:13:48	55.12	55.10	55.16	1,100 
 06/07/22	10:08:46	55.465	55.44	55.51	1,300 
 06/07/22	10:08:40	55.47	55.43	55.51	2,800 
 06/07/22	09:59:21	55.555	55.51	55.58	1,373 
 06/07/22	09:50:34	56.05	55.94	56.15	1,000 
 06/07/22	09:49:47	55.88	55.75	55.94	1,000 
 06/07/22	09:48:18	55.8399	55.73	55.84	4,000 
 06/07/22	09:43:16	56.24	56.09	56.24	1,200 
 06/07/22	09:43:15	56.06	56.00	56.12	1,100 
 06/07/22	09:38:17	55.95	55.93	56.05	1,014 
 06/07/22	09:34:54	56.17	55.99	56.23	1,022 
 06/07/22	09:31:47	56.30	56.11	56.42	1,207 
 06/07/22	09:30:49	55.67	55.61	56.00	2,231 
 06/07/22	09:30:49	55.63	55.65	55.99	1,000 
 06/07/22	09:30:49	55.65	55.65	55.99	1,000 
 06/07/22	09:30:44	55.8189	55.65	55.99	1,100 
 06/07/22	09:30:06	55.4839	55.33	55.99	1,900 
 06/07/22	09:30:04	55.70	55.33	55.99	2,177 
 06/07/22	09:30:04	55.66	55.33	55.99	2,178 
 06/07/22	09:30:03	55.70	55.37	56.00	1,587 
 06/07/22	09:30:02	55.70	55.70	56.09	1,600 
 06/07/22	09:30:02	55.7002	55.70	56.09	84,054 
 06/07/22	09:30:02	55.70	55.16	56.07	2,100 
 06/07/22	09:30:01	55.8153	55.12	56.08	1,000 
 06/07/22	09:30:01	56.08	55.12	56.08	77,100 
 06/07/22	09:25:00	55.49	55.03	55.91	1,284 
 06/06/22	16:03:57	57.759	57.00	58.51	150,000 
 06/06/22	16:00:04	57.23	57.00	58.57	4,300 
 06/06/22	16:00:01	57.23	57.07	57.36	39,100 
 06/06/22	16:00:00	57.30	57.21	57.32	38,118 
 06/06/22	15:59:55	57.32	57.23	57.32	2,479 
 06/06/22	15:59:40	57.225	57.18	57.27	1,000 
 06/06/22	15:59:25	57.17	57.13	57.20	1,100 
 06/06/22	15:59:23	57.1269	57.07	57.13	1,500 
 06/06/22	15:59:23	57.15	57.07	57.13	2,000 
 06/06/22	15:59:23	57.13	57.07	57.13	1,100 
 06/06/22	15:58:31	57.07	57.01	57.06	1,100 
 06/06/22	15:56:51	57.08	57.08	57.12	1,700 
 06/06/22	15:56:03	57.09	57.09	57.13	2,300 
 06/06/22	15:55:01	57.08	57.05	57.09	1,621 
 06/06/22	15:54:40	57.10	57.10	57.13	1,121 
 06/06/22	15:54:16	57.08	57.08	57.13	1,500 
 06/06/22	15:54:03	57.12	57.14	57.17	1,400 
 06/06/22	15:53:43	57.13	57.13	57.17	1,100 
 06/06/22	15:50:01	57.15	57.12	57.30	1,643 
 06/06/22	15:15:33	57.28	57.23	57.28	1,000 
 06/06/22	14:51:15	57.2415	57.22	57.27	2,000 
 06/06/22	14:45:11	57.43	57.40	57.46	1,500 
 06/06/22	14:41:09	57.30	57.35	57.41	1,000 
 06/06/22	14:17:29	57.86	57.86	57.93	1,000 
 06/06/22	13:53:05	57.77	57.77	57.81	1,075 
 06/06/22	13:44:29	57.745	57.72	57.77	1,800 
 06/06/22	13:41:05	57.75	57.74	57.79	1,046 
 06/06/22	13:37:01	57.5215	57.49	57.55	2,000 
 06/06/22	13:23:41	57.385	57.35	57.42	2,000 
 06/06/22	13:23:37	57.41	57.39	57.47	1,000 
 06/06/22	13:23:37	57.41	57.39	57.47	1,000 
 06/06/22	12:39:09	57.725	57.68	57.70	1,000 
 06/06/22	12:18:00	57.7001	57.70	57.75	1,100 
 06/06/22	12:07:32	58.085	58.06	58.13	1,000 
 06/06/22	12:04:18	57.955	57.92	57.99	2,500 
 06/06/22	11:46:24	58.35	58.31	58.37	1,000 
 06/06/22	11:41:32	58.1798	58.15	58.21	1,500 
 06/06/22	11:26:38	58.32	58.25	58.32	1,500 
 06/06/22	11:26:38	58.32	58.25	58.32	1,900 
 06/06/22	11:17:12	58.00	57.93	57.99	1,500 
 06/06/22	11:16:53	58.0616	57.98	58.08	1,000 
 06/06/22	11:13:11	58.22	58.15	58.23	1,000 
 06/06/22	11:12:47	58.03	58.14	58.19	7,500 
 06/06/22	11:07:41	58.60	58.61	58.69	1,500 
 06/06/22	10:59:11	58.78	58.71	58.78	1,000 
 06/06/22	10:55:42	58.8111	58.81	58.90	1,000 
 06/06/22	10:53:58	58.93	58.90	58.96	1,000 
 06/06/22	10:48:08	59.01	58.97	59.07	1,000 
 06/06/22	10:47:35	59.15	59.12	59.24	1,100 
 06/06/22	10:39:01	59.50	59.50	59.56	1,000 
 06/06/22	10:36:36	59.64	59.61	59.67	1,700 
 06/06/22	10:36:19	59.67	59.56	59.67	2,000 
 06/06/22	10:21:01	59.67	59.57	59.67	2,600 
 06/06/22	10:20:14	59.66	59.61	59.66	1,100 
 06/06/22	10:12:14	59.6866	59.63	59.70	1,500 
 06/06/22	10:07:02	59.7651	59.63	59.77	1,000 
 06/06/22	10:01:36	59.6286	59.41	59.63	2,000 
 06/06/22	09:59:48	59.00	58.94	59.00	1,300 
 06/06/22	09:59:48	59.00	58.94	59.00	9,100 
 06/06/22	09:59:29	59.00	58.96	59.00	2,700 
 06/06/22	09:59:26	59.00	58.94	59.00	3,000 
 06/06/22	09:59:22	59.00	58.78	58.95	1,100 
 06/06/22	09:59:22	59.00	58.78	58.95	1,800 
 06/06/22	09:59:06	58.825	58.78	58.87	3,600 
 06/06/22	09:56:30	58.78	58.78	58.86	1,303 
 06/06/22	09:48:32	58.73	58.60	58.70	1,017 
 06/06/22	09:46:59	58.59	58.59	58.72	2,600 
 06/06/22	09:46:48	58.60	58.59	58.65	1,044 
 06/06/22	09:41:19	58.88	58.70	58.94	1,000 
 06/06/22	09:39:50	58.76	58.61	58.79	1,000 
 06/06/22	09:39:41	58.77	58.64	58.90	1,000 
 06/06/22	09:39:21	58.66	58.63	58.93	1,000 
 06/06/22	09:39:20	58.73	58.75	58.97	2,000 
 06/06/22	09:39:19	58.97	58.75	58.97	1,200 
 06/06/22	09:37:59	59.40	59.40	59.56	1,500 
 06/06/22	09:37:37	59.785	59.70	59.87	1,500 
 06/06/22	09:35:46	59.73	59.73	59.85	1,283 
 06/06/22	09:33:45	60.265	60.14	60.39	1,100 
 06/06/22	09:33:06	59.925	59.77	60.08	1,000 
 06/06/22	09:32:19	60.31	60.31	60.60	1,300 
 06/06/22	09:32:09	60.53	60.31	60.62	1,000 
 06/06/22	09:32:08	60.46	60.31	60.66	1,000 
 06/06/22	09:31:30	60.35	60.24	60.46	1,000 
 06/06/22	09:31:27	60.35	60.24	60.48	1,000 
 06/06/22	09:31:26	60.359	60.26	60.50	1,100 
 06/06/22	09:31:15	60.23	60.17	60.33	2,250  
 

[XenaLives]

This is a conference that GFS will be attending later this month - just reading the program gives a glimpse of how much the world will be changing in the next 10 years.

https://www.embedded-world.de/en/conferences-programme/programme-overview

[XenaLives]

From Twitter:

GlobalFoundries
@GlobalFoundries
·
Jun 2
GF will be onsite in Nuremberg for embedded world 2022! Join us June 21-23 at booth 4A-121 to discuss our feature-rich process technology solutions and innovations for the embedded sector. #EW2022

Learn more: https://loom.ly/BZHyugo

[XenaLives]

Blocks >=5K Friday and today:

 
 05/31/22	16:00:00	59.77	59.28	59.80	73,592 
 05/31/22	15:59:57	59.77	59.75	59.82	14,482 
 05/31/22	15:59:48	59.69	59.75	59.77	8,438 
 05/31/22	15:59:33	59.60	59.50	59.53	8,300 
 05/31/22	15:12:56	59.225	59.19	59.26	5,100 
 05/31/22	15:02:48	59.11	59.24	59.31	6,500 
 05/31/22	14:54:23	59.14	59.24	59.29	6,000 
 05/31/22	13:56:03	60.00	60.00	60.08	50,000 
 05/31/22	13:53:41	59.99	60.11	60.15	5,516 
 05/31/22	13:53:41	60.00	59.96	59.99	19,000 
 05/31/22	13:53:41	60.00	59.96	59.99	35,000 
 05/31/22	13:53:41	60.00	59.96	59.99	15,300 
 05/31/22	13:53:41	60.00	59.96	59.99	25,600 
 05/31/22	13:53:41	60.00	59.96	59.99	8,600 
 05/31/22	13:53:41	60.00	59.96	59.99	6,000 
 05/31/22	13:34:05	59.60	59.54	59.60	5,400 
 05/31/22	13:16:05	59.59	59.59	59.65	50,000 
 05/31/22	10:59:13	59.12	59.03	59.15	5,800 
 05/31/22	10:37:33	59.00	58.95	59.05	5,600 
 05/31/22	10:28:28	59.04	58.97	59.11	38,500 
 05/31/22	09:59:03	58.81	58.76	58.86	16,600 
 05/31/22	09:32:43	59.50	59.63	59.86	5,100 
 05/31/22	09:30:28	58.50	58.50	59.48	7,600 
 05/31/22	09:30:07	58.81	59.12	59.50	12,300 
 05/31/22	09:30:02	58.94	58.88	59.25	85,754 
 05/31/22	09:30:01	58.95	58.89	60.18	84,500 
 05/27/22	16:00:01	60.10	59.59	60.50	31,500 
 05/27/22	16:00:00	60.10	59.96	60.37	30,504 
 05/27/22	15:54:33	60.425	60.41	60.44	14,500 
 05/27/22	14:43:29	59.585	59.55	59.62	89,900 
 05/27/22	14:35:47	59.50	59.46	59.56	22,700 
 05/27/22	14:33:01	59.635	59.61	59.66	49,800 
 05/27/22	14:27:42	59.595	59.56	59.63	8,100 
 05/27/22	14:25:44	59.77	59.74	59.77	5,400 
 05/27/22	14:25:39	59.81	59.78	59.84	74,500 
 05/27/22	13:16:17	59.50	59.47	59.53	8,300 
 05/27/22	13:15:54	59.45	59.42	59.48	5,000 
 05/27/22	13:13:06	59.615	59.58	59.65	44,000 
 05/27/22	12:51:04	59.8724	59.83	59.89	5,000 
 05/27/22	12:14:27	59.90	59.84	59.89	5,000 
 05/27/22	12:09:19	59.87	59.85	59.89	100,000 
 05/27/22	12:01:37	60.01	60.12	60.20	5,100 
 05/27/22	11:14:21	60.0645	60.05	60.11	7,300 
 05/27/22	11:01:55	59.85	60.06	60.17	9,100 
 05/27/22	10:37:43	60.69	60.84	60.90	6,200 
 05/27/22	10:14:54	60.01	59.91	60.01	5,000 
 05/27/22	09:59:50	60.60	60.51	60.60	5,000 
 05/27/22	09:56:24	60.59	60.46	60.59	5,000 
 05/27/22	09:53:33	60.07	59.96	60.07	5,000 
 05/27/22	09:45:27	60.00	59.84	59.97	16,300 
 05/27/22	09:39:51	60.425	60.35	60.50	5,000 
 05/27/22	09:36:19	61.00	60.82	60.95	5,000 
 05/27/22	09:31:59	60.44	60.61	60.88	13,000 
 05/27/22	09:30:54	60.00	59.81	59.93	10,100 
 05/27/22	09:30:54	60.00	59.81	59.93	5,700 
 05/27/22	09:30:54	60.00	59.81	59.93	8,100 
 05/27/22	09:30:54	60.00	59.81	59.93	5,000 
 05/27/22	09:30:54	60.00	59.81	59.93	19,300 
 05/27/22	09:30:14	60.00	59.93	59.99	6,300 
 05/27/22	09:30:00	59.99	59.67	59.75	71,638 
 05/27/22	09:30:00	59.71	59.00	59.99	70,100 
  
  
 

[XenaLives]

GFS looks like it's ready to break out of VBP resistance:

[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      
    
  05/13/2022	14,223,766	  8.22	2,409,188	5.90 
  04/29/2022	13,143,544	10.94	1,672,066	7.86 
  04/14/2022	11,847,252	  9.42	2,237,998	5.29 
  03/31/2022	10,827,323	(12.06)	3,649,517	2.97 
  03/15/2022	12,311,571	(0.30)	1,906,303	6.46 
  02/28/2022	12,349,200	22.93	2,863,719	4.31 
  02/15/2022	10,045,718	21.13	2,854,210	3.52 
  01/31/2022	8,293,234	210.96	3,009,954	2.76    
  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 

[XenaLives]

Shades of the Twilight Zone...

With $20 trillion between them, Blackrock and Vanguard could own almost everything by 2028
Two towers of power are dominating the future of investing

Author of the article:Rachel Evans, Sabrina Willmer, Nick Baker and Brandon Kochkodin, Bloomberg News
Publishing date:Dec 04, 2017 • December 4, 2017 • 6 minute read • Join the conversation

https://financialpost.com/investing/a-20-trillion-blackrock-vanguard-duopoly-is-investings-future

[Bruinfan4ever]

Yes,. He didn't really say much that wasn't already in the conference call. But Cramer said that GFS is the only recent IPO that he actually likes.

[MrPoppaGeorgeo]

Was it a good interview?

[Bruinfan4ever]

Global Foundries CEO on Cramer's Mad Money right now

[Bruinfan4ever]

It's possible valuation comes into play. If they should do 2.00 EPS this year, then a 40x would be 80.00. But the market conditions are really crushing high multiples A 20 Multiple would be 40.00.

Maybe the market is just saying GFS is priced correctly right now.

[XenaLives]

Theory: Market wide margin calls are going off today caused by the pump day.

GFS won't go up until those have cleared.

[XenaLives]

The market is broken ---

[MrPoppaGeorgeo]

Let's hope so, this market is wonky

[Bruinfan4ever]

Historic covering tomorrow with that amazing quarter. One of the best quarterly earnings I have seen this round.

[dwagom04]

With earnings next week I would assume we might be in for a solid rebound with the reaction of the fed hike not being more than anticipated. May is going to be a great month

[XenaLives]

From the high $70s to the low $50s in two weeks. It could rebound in a day on news.

 
 04/19/22	52.77	53.46	51.50	52.89	1,180,400 
 04/18/22	52.00	53.09	51.15	52.65	1,289,000 
 04/14/22	55.00	55.25	50.816	52.10	2,125,000 
 04/13/22	53.56	54.84	52.936	54.83	1,472,700 
 04/12/22	55.22	56.16	52.75	53.29	3,008,700 
 04/11/22	53.60	55.44	51.86	54.04	1,716,000 
 04/08/22	55.81	56.45	54.26	54.75	1,563,300 
 04/07/22	56.50	57.95	55.705	56.19	2,021,000 
 04/06/22	56.58	58.51	55.39	56.90	2,510,700 
 04/05/22	61.37	61.98	57.22	58.40	3,234,900 
 04/04/22	61.02	64.00	60.12	62.29	1,872,500 
 04/01/22	62.80	63.53	59.48	60.74	2,949,800 
 03/31/22	67.32	67.669	62.41	62.42	3,846,400 
 03/30/22	74.44	75.48	66.54	67.02	4,527,400 
 03/29/22	74.77	74.77	69.32	74.63	3,797,900 
 03/28/22	78.70	78.70	71.30	73.90	3,416,600 
 03/25/22	76.40	79.49	74.10	78.94	4,247,400 
 03/24/22	71.62	77.47	70.62	76.22	3,591,500 
 03/23/22	72.54	75.43	69.96	70.09	3,641,000 
 03/22/22	73.00	75.41	72.78	73.88	2,206,700 
  
 

[XenaLives]

GFS trading pattern has changed, more stable than LWLG and most other stocks this AM.

[x993231]

I'm showing virtually no change in the past 2 weeks in price or shorts.

Boring, but we need to post to hold these mod spots.

X

[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    
     
   04/14/2022	11,847,252	 9.42	2,237,998	5.29     
   03/31/2022	10,827,323	(12.06)	3,649,517	2.97  
   03/15/2022	12,311,571	(0.30)	1,906,303	6.46  
   02/28/2022	12,349,200	22.93	2,863,719	4.31  
   02/15/2022	10,045,718	21.13	2,854,210	3.52  
   01/31/2022	8,293,234       210.96	3,009,954	2.76  
   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  

[dwagom04]

Very interesting indeed. Curious if they think the news of Fotonix 1 being released is already accounted for in the share price? Or don't expect it to have a huge impact? I would assume it would get a solid rise in price depending on at what extent it's released and if it still hits in April like they stated.

Then again I do feel like sometimes the blind lead the blind in this business. Seems to be more of the norm. Don't have a position over here, yet. Do feel like some of these call options look semi lucrative if one thought the price will shoot up with a PR on Fotonix

[x993231]

So far returned 700k shares and 300k borrowed.

X They are at almost 20% of FF or 11 Million shares interesting.

[dwagom04]

Looking forward to hearing the total returned shares today for GFS and LWLG. Feel as if it could be a good chunk nervous about PDK 1 being dropped

[XenaLives]

Well, April is almost over... Thanks.

[dwagom04]

Unfortunately no. The only information I've been able to come up with is based off the 3/7 press release stating April 2022..

"GF Fotonix solutions will be manufactured at the company’s advanced manufacturing facility in Malta, N.Y., with the PDK 1.0 available in April 2022. EDA partners Ansys, Cadence Design Systems, Inc., and Synopsys provide design tools and flows to support GF’s customers and their solutions. GF provides customers with reference design kits, MPWs, testing, pre- and post-fab, turnkey and semiconductor manufacturing services to help customers get to market faster."

[XenaLives]

Do you have a timeline on that?

[dwagom04]

Will get pretty interesting moving forward. One would assume the release of Fotonix 1.0 is going to ignite a little buying action!

[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      
    
  03/31/2022	10,827,323	(12.06)	3,649,517	2.97 
  03/15/2022	12,311,571	(0.30)	1,906,303	6.46 
  02/28/2022	12,349,200	22.93	2,863,719	4.31 
  02/15/2022	10,045,718	21.13	2,854,210	3.52 
  01/31/2022	8,293,234       210.96	3,009,954	2.76 
  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  
    
    
   

[x993231]

Thomas Caulfield
Global Foundries CEO
11 AM EST CNBC Tech Check Show
I'll be on the road so I won't be able to watch

X

[x993231]

As info 22% of the float is shorted.

X

[x993231]

The Regionalization Of Semiconductors Due To Global Supply Chain Instability

Western fabs and semiconductor capital equipment spending to go bonkers
By Dylan Patel

It shouldn’t be news to anyone that Russia invading Ukraine is a massive hit to worldwide geopolitical stability. There will some impact to Neon gas for KrF and ArF lithography which is used in every semiconductor process in the world. There will also be some impact to etchant chemical inputs. We have written about these issues in the past for subscribers, specifically the mitigation efforts put in place and why it’s not as big of a deal as some media outlets are making it. Today we want to write about an even more important topic. The life of a semiconductor, the supply chain, and discuss the coming tide of regionalization that is occurring due to supply chain and geopolitical instability.
Even the humble pencil has an incredibly complex supply chain. The story, "I, Pencil" has been popularized by many famous economists such as Leonard Reed, Milton Friedman, and Donald J. Boudreaux and the title is a homage to them. In short, they explained how many different parts of the world are needed for the manufacture of a pencil. The supply chain of a pencil pales in comparison to that of a semiconductor.
To start with, all semiconductors start from silicon boules. A large silicon crystal is grown in a high temperature chamber. It is then sliced and cleaned into wafers with special care to maintain the perfect crystalline structure. SK Siltron, Siltronic, Global Wafers, Sumco, and Shin Etsu dominate the production of silicon wafers. There are also some operations in the US and Europe especially with specialty technologies such as silicon on insulator by the French firm, Soitec, and silicon carbide by the American firm Wolfspeed. Despite these specialty applications, more than 90% of raw wafers come from Japan, Taiwan, Singapore, and South Korea. From the very start of the life of a semiconductor, there is a deep supply chain concentration.

Lithography is often considered the single most important step within semiconductor manufacturing. While most people know how about ASML, the Dutch king of lithography, they do not realize the complete Japanese monopoly in lithography. Tokyo Electron has over 97% share in photoresist coaters and developers. Furthermore, they have more 100% share on EUV photoresist coaters and developers. These are all manufactured in Japan. In addition, a trio of 3 Japanese firms, Shin Etsu, JSR and Tokyo Ohka Kogyo produce all advanced ArF and EUV photoresist. Despite lithography being seen as a European area of dominance, the reality is that ASML tools are useless without complementary Japanese tools and chemicals. This is a critical point of failure.

American firms such as Applied Material, Lam Research, KLA also have their own monopoly status within certain subsegments of semiconductor equipment related to deposition, etch, and lithography. Many would argue the dominance and concentration of semiconductor tools inside the US, Netherlands, and Japan is okay because these supply chains are embedded within democratic and liberal nations.

A big risk for the west is that the fabs themselves are at risk. More than 90% of DRAM and NAND is produced in Japan, South Korea, Taiwan, China, and Singapore. All chips made on nodes with theoretical densities above 100 million transistors per square millimeters are made in Taiwan and South Korea. 4/5 of the largest foundries are headquartered and doing most of their manufacturing in Taiwan, South Korea, and China. The one remaining, GlobalFoundries, is headquartered in the US, but their largest manufacturing facility is in Singapore.
In fact, GlobalFoundries largest ongoing expansion is in Singapore, and once fully expanded, Singapore will account for roughly half of their wafer throughput. About a quarter of their production will be in Germany. Calling GlobalFoundries an American foundry is a bit asinine given more than 75% of their wafer capacity will come from outside of GlobalFoundries. The same statement applies to Micron, an “American memory producer.” Over 80% of Micron’s wafer capacity is in Taiwan and Singapore. While both these firms employ many Americans at their headquarters and in R&D, but they are not manufacturing in the west. Infineon, one of Europe’s largest semiconductor company, is putting their cutting edge silicon carbide manufacturing in Malaysia, not Europe.
After a chip is manufactured, it is cut up and put in a package. The supply chain issues is most worrisome in this field known as outsourced assembly and test (OSAT). More than 90% of this is done in East Asia and more than 60% of chip packaging volume is done in China. Even if chips are made in the west, they usually go to Asia for a critical step in the supply chain. Unlike the fabrication world where most tools still come from western companies, the outsourced assembly and test world has most their tools manufactured in East Asia as well. Kullicke and Sofa, Besi, ASMPacific, and SET do most if not all their tool manufacturing in China, Singapore, Malaysia, and Vietnam. Disco, the market leader in tools for grinding and cutting wafers into chips, is the only firm based in a western allied nation, Japan.

When we lasso the whole picture together, there is a sever lack of supply chain resilience. The top 10 foundries, TSMC, Samsung, GlobalFoundries, UMC, SMIC, Tower Semiconductor, Powerchip, VIS, Hua Hong Semi, and DB HiTek have their largest manufacturing locations in Asia. All of them are headquartered in Asia except for Global Foundries. All 3D NAND manufactures, Samsung, SK Hynix, Western Digital, Kioxia, Micron, and YMTC have their high-volume manufacturing in East Asia (Micron has more than 80% in East Asia.) This same statement regarding 3D NAND also applies to DRAM manufactures. The vast majority of chip dicing, assembly, and testing is done in East Asia.
The semiconductor supply chain is global in terms of inputs and outputs, but the most fabs are not. The emergence of war between Russia and Ukraine combined with a weak western response has severely spooked investors with fears of a potential Chinese invasion of Taiwan. TSMC was down more than 7% at its lowest the day after Russia's invasion of Ukraine, meanwhile, GlobalFoundries, the 3rd largest foundry in the world, ended the day up more than 14%.

A bet on Intel is a hedge against geopolitical instability in the world. And government leaders are recognizing this how vital semiconductors have become to every aspect of the economy, every aspect of national security. The world has woken up. And both the chips and the COMPETES Act in the U.S. are now headed to conference process to finish and enable this $52 billion of incentive of fuel to drive the semiconductor industry. Just last week, the EU issued their Chips Act, which is moving quickly.

Intel’s CEO, Pat Gelsinger has some fiery words to say on the topic, especially regarding bringing the US and Europe back to much higher market shares in semiconductor manufacturing. If (that’s a big if) Taiwan was invaded, more than likely there is some destruction at TSMC and UMC. At the very least, there will be a disruption. Western governments and Japan would presumably ban all tool exports to China and captured Taiwan. In this doomsday scenario, there would be a large amount of money being thrown at firms who manufacture semiconductors outside of China and Taiwan. Taiwan and China have little to no progress in the way of semiconductor capital equipment manufacturing.

A huge race to move semiconductor manufacturing away from Taiwan is possible due to the lack of access to semiconductor capital equipment. Even if the fabs were not damaged, tools begin to break down, critical chemicals such as photoresist would not be supplied, and the massive fabs in Taiwan would grind to a halt. In this theoretical Taiwan invasion scenario, firms such as Intel, Samsung, GlobalFoundries, Texas Instruments, STMicroelectronics, Micron, NXP and Infineon would need to start building a lot more capacity to satisfy all the capacity that was been taken off the market by a war. Oddly based on the market’s movement, the wall street isn’t fully recognizing what a potential war means for equipment vendors, only the “western” fabs such as GlobalFoundries and Intel.
As semiconductor shortages continue to flare across the world and geopolitical instability rises, governments look to regionalize semiconductor supply chains. Even without a potential war, Korea has some huge incentives and national initiatives in place, and Japan has recently passed some new incentives for local semiconductor manufacturing into law. The US and EU look like they will do so soon as well. The playing field must be leveled to match incentives that Taiwan and especially China have enshrined in law. The proposed European and American semiconductor investments do not level the playing field, but they do start to chip away at China’s more than $250B in semiconductor subsidies. The proposed regionalization of fabs has massive implications for the supply chain.

The first implication from regionalization is there will be a movement towards smaller fabs away from larger giga-fabs. A giga-fab is one that has a monthly production capacity more than 100,000 wafers per month. We can see this already with TSMC’s current investments in Japan, US, and China. These fabs are smaller than their giga-fabs in Taiwan and likely that means they are less efficient. Larger fabs are run more efficiently than many small fabs due to the nature of the incredibly complicated multivariate calculus that involves tool positions, cycle times, throughput per tool, variance in time between tools, the wafer highway that transports wafers across the fab, and much more. A larger fab is better able to balance these factors and therefore extract more throughput out of each tool. These multiple small fabs could have just as many tools, but their output would be lower. Regionalization has a direct impact on the capital intensity of a fab (a measure of revenue versus spending on building the fab).

The second implication is that less efficient operators would be rewarded. Integrated design manufactures such as Intel, Samsung, Texas Instruments, STMicroelectronics, Infineon, and NXP are generally considered to be less efficient at getting wafers through the fab and maximizing utilization of their tools versus foundries. Capital intensity will continue to rise across the industry due to this. Intel states they will run at a long term capital intensity of ~30% with the net capital intensity being 25%. Texas Instruments, a wall street darling due to their consistently large buybacks, has stated their long term capital intensity is rising from 6% to 10%.


Moore’s law scaling is becoming more and more difficult with each new process involving far more process steps than density gains. This is increasing the capital intensity of semiconductor manufacturing. Regionalization causes more smaller fabs, which increases the capital intensity of semiconductor manufacturing. The rewarding of less efficient players such as Intel, Samsung, and more with subsidies increases the capital intensity of semiconductor manufacturing. In short, it is a great time to be a wafer fabrication equipment producer. Behind the subscription wall, we will mention our favorite stocks that are beneficiaries of this new paradigm of semiconductor localization.

https://semianalysis.substack.com/p/i-semiconductor-the-regionalization?token=eyJ1c2VyX2lkIjo3MzQ4MDk2OCwiXyI6Ikh6SWt1IiwiaWF0IjoxNjQ1Nzg3Mzk4LCJleHAiOjE2NDU3OTA5OTgsImlzcyI6InB1Yi0zMjkyNDEiLCJzdWIiOiJwb3N0LXJlYWN0aW9uIn0.hMMurAnzFBg1GCTOIqK7mTSYSDEx34s2YawP7on8sWc&utm_source=url

X

Check it out the Shorts are at 19% of free float, Good Luck with that, intel is at 2%, applied material 1.3% so on and so forth, looks like they shorted the wrong company.

Keep your eye on a couple bills moving through the process, Huge Problem and Washington needs a win bigtime.

[JohnCM]

Yeah, I am a big chip fan.

[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.