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KEY POINTS * GlobalFoundries debuted on Nasdaq this week, valued at over $25 billion. * The company specializes in manufacturing the kind of less-advanced
by ryzvonusef 5y ago
KEY POINTS
* GlobalFoundries debuted on Nasdaq this week, valued at over $25 billion.
* The company specializes in manufacturing the kind of less-advanced chips that are currently in short supply around the world.
* But GlobalFoundries needs to convince public market investors that the company is riding a wave of increased demand that won’t fizzle out after pandemic-related supply issues abate.