The current state of the global semiconductor market has been alternatively labeled by auto makers, politicians and executives as a shortage, a crisis, and even a squeeze. For the companies at the center of it all, the only word to describe what we’re seeing is a chip boom. It’s inexplicable, then, that any company which ought to be bathing in profits could still be losing money.
Enter GlobalFoundries Inc. The New York-based company is the world’s third-largest contract chipmaker and has just filed for a Nasdaq listing. With shares of leader Taiwan Semiconductor Manufacturing Co. up more than doubling since the darkest days of the Covid-19 pandemic, and nearest rival United Microelectronics Corp. rising almost five fold, investors ought to be clamoring over GlobalFoundries’ $1 billion offering.
"chips" - Google News
October 06, 2021 at 06:00AM
https://ift.tt/3DeIpLF
How a Global Foundry Is Losing Money in a Chip Boom - Bloomberg
"chips" - Google News
https://ift.tt/2RGyUAH
https://ift.tt/3feFffJ
Bagikan Berita Ini
Related Posts :
America is building chip factories. Now to find the workers - The Economist- FDA: Frito-Lay Recalls 2 Sizes Of Doritos Nacho Cheese Flavored Tortilla Chips - Forbes
- Can You Really Make Mashed Potatoes From Potato Chips? - Daily Meal
- What Asia’s top potato chip maker learned from a huge supply shortage - CNN
- High-Efficiency Superconducting Diode Could Change Chips Forever - Tom's Hardware
0 Response to "How a Global Foundry Is Losing Money in a Chip Boom - Bloomberg"
Post a Comment