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Someone has to fund Global Foundries with billions of dollars to plan and build out facilities, and that doesn't include the risk that they run into difficultie
by sct202 6y ago
Someone has to fund Global Foundries with billions of dollars to plan and build out facilities, and that doesn't include the risk that they run into difficulties like Intel with scaling up. TSMC is reportedly spending $28b on capex this year, while GF is planning on spending $1.4b.
- httpz 6y agoI looked up Global Foundries and they're 100% owned by the Abu Dhabi state wealth fund. So it might not be too difficult.