根據美國證券交易委員會的文件，晶片製造商 GlobalFoundries 正在銷售 3,300 萬股股份，而阿布扎比的穆巴達拉投資公司（Mubadala）則計劃出售 2,200 萬股股票。
穆巴達拉目前擁有該公司的 100％，並且「在此次發行後繼續擁有重大控制權」。
全球資金計劃以 GFS 代碼在納斯達克上市。它計劃在美國首次公開募股中籌集多達 26 億美元。在該範圍的頂部，根據其備案中列出的流通股票，它的市值為 25 億美元。
該發行由摩根士丹利、美國銀行、摩根大通、花旗集團和瑞士信貸領導。
業務概覽
$GFS.US$是全球領先的半導體代工廠之一。該公司是通過在 2009 年購買先進微器件公司的製造業務而創建的，後來將其與新加坡的特許半導體相結合。
根據加特納的說法，2020 年，公司以外部銷售為基礎，成為全球第三大鑄造廠。
GlobalFoundries 先前放棄了與台灣半導體或三星能力相匹配的尖端生產。相反，它正在為市場提供較不先進的芯片，這對汽車製造商和其他行業越來越重要。
全球鑄造公司已經超過50生態系統合作夥伴涵蓋 IP、電子設計自動化、委外組裝以及測試和設計服務。建立在超過現有的圖書館4,000IP 標題，它目前擁有超過950IP 標題正在積極開發26流程節點和34IP 合作夥伴。
該公司建立了深厚的戰略合作夥伴關係截至 2020 年 12 月 31 日，擁有超過 200 家客戶的廣泛基礎，其中許多客戶都是該領域的全球領導者。
2021 年前六個月，根據晶圓出貨量的十大客戶包括高通、聯發科、恩智浦半導體、Qorvo、卷魯邏輯、先進微型裝置 (「AMD」)、Skyworks 解決方案、村田製造、三星電子和博通。
該公司吸引了大量的單一來源產品和長期供應協議。截至公司招股說明書的日期，這些協議所反映的終身收入承諾總額超過 195 億美元。
GlobalFoundries 作為客戶策略合作夥伴地位的一個關鍵衡量標準是單一來源業務的晶圓出貨量混合（單一來源產品定義為只能使用 GlobalFoundries 技術製造的產品，如果沒有重大客戶重新設計，就無法在其他地方生產）。它佔 2020 年晶圓出貨量的 61%，較二零一八年的 47% 有所增加。
財務表現
環球金融公司去年的收入下降 17% 至 48.5 億美元。GlobalFoundries 表示，原因是它剝離了 2019 年帶來 3.99 億美元的業務，更廣泛地說，該公司與大多數客戶轉移了合同條款，從而改變了其認可收入的方式和時間。
2021 年上半年，收入較去年同期攀升 13%，至近 30 億美元。
點擊查看招股章程

GlobalFoundries 之前放棄了與台灣半導體或三星的能力相匹配的領先生產類型。相反，它正在為較低先進的芯片市場提供服務，這對汽車製造商和其他行業越來越關鍵。
首次首次公開招股由摩根士丹利、美國銀行股份有限公司、摩根大通、花旗集團有限公司及瑞信集團股份有限公司領導。該公司的股票以 GFS 標誌在納斯達克交易所交易。

GlobalFoundries 是由 2009 年購買先進微設備有限公司的製造業務，後來與新加坡特許半導體結合而成立。彭博新聞 7 月報導，穆巴達拉計劃在上市中將該業務估值約為 30 億美元。

$GFS.US$絕對超值購買，它脫穎而出 $AMD.US$

$GFS.US$ Historically, the semiconductor industry has been plagued by cyclicality but as the industry has become more concentrated, the cyclicality has become moderate, with $TSM.US$ being the biggest winners of this period of concentration. The reason we have a chip shortage is because the technical challenges and costs of creating advanced chips are so large that there are effectively barriers to entry that prevent the emergence of a serious rival to the top chipmakers. A concentrated industry means that businesses can defy asset growth effects and expand production without harming future returns.
The smoothing out of the industry's cyclicality is also a function of the demand for chips. Chips are everywhere. The shift to cloud, the emergence of the Internet of Things (IoT), the rise of 5G, the increasing importance of artificial intelligence (AI) and next-generation auto chips are, to quote the company's F-1 registration form, "driving a new golden age of semiconductors". This market will be worth $1 trillion by the end of the decade, double its present valuation.
GlobalFoundries believes that as of 2020, it has an estimated serviceable addressable market (SAM) of around $54 billion, based on data from Gartner.
Semiconductors have often suffered from the ill effects of the asset growth effect. The asset growth effect is an observable phenomenon in which low asset-growth stocks outperform high asset-growth stocks. In other words, as investment increases, future returns decline. This is because industries in which businesses are expanding are doing so because the returns are attractive. That attracts other businesses and eventually, supply is in excess of demand, and prices collapse until supply and demand are in equilibrium. With concentration and rising demand, cyclicality is much more moderated and the landscape supports high valuations.

$GFS.US$GlobalFoundries faces many of the same challenges that a market entrant would face. $TSM.US$has a massive lead on the rest of the competition. A customer who wants the best chips in the world pretty much has to buy from TSMC. Samsung has remained competitive, but it has faced challenges with its 10 nanometer (nm) and 8nm chips, which led to many of its customers ditching it for TSMC. TSMC is not a monopoly, but any discussion of the chip industry and winners and losers has to factor in the bare fact that TSMC is the best and largest chipmaker in the world. China has tried to throw money at the problem with the $中芯國際.HK$, but sanctions and technical challenges mean that even with money, SMIC struggles.
The biggest threat to TSMC is not another chipmaker, but the possibility of a Chinese invasion of Taiwan and a nationalization of the company and redirection of its supply to mainland China.
If we factor in that many of the chips Samsung makes are for its own devices, GlobalFoundries is the world's second largest chipmaker in the world. Like TSMC, Samsung also uses the 7nm process. GlobalFoundries is still stuck in the 14nm era and struggled with a shift to 10nm. The company has said that it will jump straight from 14nm to 7nm. Meanwhile, TSMC is shifting to 5nm.
$INTC.US$and GlobalFoundries are highly reliant on potential federal government aid to help them get past TSMC. There is no scope for startups. On their own, these two US chipmakers are too far behind TSMC to be a credible threat. That means they will struggle to steal market share, unless non-product issues such as Sino-American competition and concerns over a potential Chinese invasion scare away customers. TSMC has been intelligent in this regard and is investing $12 billion in its Arizona 5nm plant.

$GFS.US$在此時，任何有洞察力的讀者都會做出的不可避免的結論是 GlobalFoundries 必須為獲利而努力。這反映在其結果中。
2020 年，該公司的收入為 4.85 億美元，較 2019 年的 5.81 億美元下降，虧損 1.35 億美元，而 2019 年的損失為 1.337 億美元。2018 年的收入為 6.2 億美元，虧損為 2.77 億美元。
該公司沒有利潤，儘管在全球芯片短缺中，其損失已經縮小了。今年上半年，其收入為 3.04 億美元，虧損 301.2 億美元，而去年同期的收入為 2.7 億美元，虧損為 5.33 億美元。
正如我們所見，增長下降是大流行之前，並暗示該公司像許多人一樣的技術挑戰。 $TSM.US$競爭對手面對：台積公司擁有業界目前為止最適合的產品市場。在能夠應付這種挑戰之前，GlobalFoundries 不太可能成長或獲利。

$GFS.US$ 他們需要很長時間才能獲得運行更小節點的新線。他們必須排隊購買 ASML 的紫外線機器，然後除塵並掌握他們所產生的新技術，並獲得客戶，並制定一個良好的路線圖，並保證投資...如果他們這樣移動，這將是一段長時間慢慢的磨練習。