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Global Foundaries pulling the plug on 7nm was by most accounts a financial decision, not a technical one. Their 7nm process was essentially ready, but the owne
by dralley 5y ago
Global Foundaries pulling the plug on 7nm was by most accounts a financial decision, not a technical one. Their 7nm process was essentially ready, but the owners of Global Foundary (Mubadala Investment Company) haven't seen a profit for the past decade, and decided to stick to older and less expensive process nodes rather than spending billions retooling their factories and trying to keep up with TSMC and Samsung.
https://www.anandtech.com/show/13277/globalfoundries-stops-all-7nm-development https://www.anandtech.com/show/13277/globalfoundries-stops-a...
- jacquesm 5y agoAnd IBM with all their might and foresight couldn't possibly have seen the writing on the wall when they sold it? They could have asked Watson ;)
- Goety 5y ago> ... decided to stick to older and less expensive process nodes rather than spending billions retooling their factories and trying to keep up with TSMC and Samsung. I would love to see their rationale for this. > In March 2021, Mubadala Investment Company and its joint venture Abu Dhabi Catalyst Partners announced the purchase of Telegram convertible bonds worth $150 million. Wow looks like they like to waste a lot of money.