$GlobalFoundries(GFS.US)$ drop 45$pls

$GlobalFoundries(GFS.US)$ If you successfully get on the bus, life and death are at risk. If you leave, you will have to pay it back sooner or later. GFS rises!

$GlobalFoundries(GFS.US)$ “I think for the better part of the next five to 10 years, we’re going to be chasing supply not demand,” GlobalFoundries CEO Tom Caulfield said in an interview with CNBC.

$GlobalFoundries(GFS.US)$ 1. You can be sure the IPO income will allow the current owners to divest. It will not be reinvested.
2. Semis are the toughest way to make money on the planet. You get about 6 good months per decade.
3. The only legitimate chance for growth is if western governments mandate it.

$GlobalFoundries(GFS.US)$ As a former employee, I'm not optimistic about GF. I lose money every year. There are only 7 factories in Singapore in the world that barely make a profit. The IPO is probably to sell at a good price in the future. Abu Dhabi, the majority shareholder, is always looking for buyers

$GlobalFoundries(GFS.US)$ was spun off by $Advanced Micro Devices(AMD.US)$, it is basically a failed unit of AMD that AMD disposed more than a decade ago.
And then AMD uses $Taiwan Semiconductor(TSM.US)$ for chips tells me everything I need to now about GF.