[Chip Information] The world’s fourth largest chip foundry— —GlobalFoundries’ market value hits a new high on December 6, 2021 09:24 Recently, GlobalFoundries, the world’s fourth largest chip foundry, has since landed Since NASDAQ, the market value has repeatedly hit new highs. On November 30, the stock price closed at 70.54 US dollars, which is 50.1% higher than the issue price of 47.00 US dollars! When GF went public, it was mentioned three times in the prospectus that it was  “the only large-scale pure wafer foundry outside of mainland China and Taiwan”.  

GlobalFoundries does have room for imagination to enjoy policy dividends. The industry's immediate benefits also include that global chip manufacturing capacity is in short supply, and foundry prices have risen further. Taiwan’s "Economic Daily News" stated that the quotations of foundries in the third quarter will be raised by up to 30%. In the first half of this year, GF's gross profit margin was 11% , last year this figure was -14.7%. But it is difficult for GF to really change its position in the industry. From the perspective of industry development, the technological and scale advantages of leading manufacturers such as TSMC are further expanding. From the perspective of policy dividends, the U.S. government has invited TSMC and Samsung to invest and build factories in the United States, and the two will invest US$12 billion and US$17 billion to build new advanced process wafer fabs, respectively. In contrast, GF's advantage is not so obvious. Born from AMD, GF, which is now controlled by Mubadala, is not considered an American company. Under the background of domestic substitution, the semiconductor industry has ushered in a golden period of development, but the international environment is becoming increasingly complex and changeable, the industry monopoly pattern is serious, environmental protection requirements under the carbon neutral strategy are increasing, the shortage of talents, and the lack of photoresist and other raw materials are counterproductive. The development of the entire industry brings new challenges. How can semiconductor companies win the race against time and quickly seize the market? Actively grasp the opportunities in market changes, focus on the entire product life cycle, use digital tools to gain a competitive advantage, and reconstruct the core competitiveness of the company has become an important issue for semiconductor companies.