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THong
2021-10-29

I think can consider on this stock..KIV

GlobalFoundries shares opened around $46.7, or 0.64% below $47 IPO price.

GlobalFoundries shares opened around $46.7, or 0.64% below $47 IPO price. GlobalFoundries employs 3

GlobalFoundries shares opened around $46.7, or 0.64% below $47 IPO price.

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobalFoundries shares opened around $46.7, or 0.64% below $47 IPO price.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-10-28 23:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>GlobalFoundries shares&nbsp;opened around $46.7, or&nbsp;0.64% below $47 IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/545a1e9fb33e8ba9887b041d337cb1bb\" tg-width=\"879\" tg-height=\"624\" referrerpolicy=\"no-referrer\"></p>\n<p>GlobalFoundries employs 3,000 people at its Fab 8 campus in Saratoga County, home to its headquarters and its most advanced chip factory.</p>\n<p>Until now, GlobalFoundries has been privately owned by the government of Abu Dhabi through a sovereign wealth fund known as Mubadala Investment Co.</p>\n<p>Looking to diversify its oil-focused economy, Abu Dhabi provided much of the initial investment to create GlobalFoundries more than a decade ago as a spinoff from Advanced Micro Devices into a so-called foundry that would not only make AMD's chips but also chips for other companies.</p>\n<p>GlobalFoundries essentially took AMD's factories around the world off its hands and then built Fab 8 at the Luther Forest Technology Campus in Malta. The facility is the company's most advanced chip factory. GlobalFoundries is planning a second one at the Fab 8 site within the next few years.</p>\n<p>CEO Tom Caulfield, a native New Yorker, also moved the company's headquarters from Silicon Valley to Malta earlier this year, a move that U.S. Senate Majority Leader Charles Schumer has been asking the company to do for years.</p>\n<p>GlobalFoundries also took over the chipmaking operations of IBM as well, although that deal ended up in a recent legal battle, with IBM accusing GlobalFoundries of falling short on its promises under the agreement.</p>\n<p>The rise of GlobalFoundries from startup to global chip foundry coincides with the consolidation of the chip industry, leaving only a few major players that still own and operate chip factories, or fabs, that can cost up to $10 billion each.</p>\n<p>The other major manufacturers are Intel, Samsung and Taiwan Semiconductor Manufacturing Co., or TSMC, all of which are substantially larger than GlobalFoundries.</p>\n<p>However, GlobalFoundries has important Department of Defense contracts.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GFS":"GLOBALFOUNDRIES Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124317794","content_text":"GlobalFoundries shares opened around $46.7, or 0.64% below $47 IPO price.\n\nGlobalFoundries employs 3,000 people at its Fab 8 campus in Saratoga County, home to its headquarters and its most advanced chip factory.\nUntil now, GlobalFoundries has been privately owned by the government of Abu Dhabi through a sovereign wealth fund known as Mubadala Investment Co.\nLooking to diversify its oil-focused economy, Abu Dhabi provided much of the initial investment to create GlobalFoundries more than a decade ago as a spinoff from Advanced Micro Devices into a so-called foundry that would not only make AMD's chips but also chips for other companies.\nGlobalFoundries essentially took AMD's factories around the world off its hands and then built Fab 8 at the Luther Forest Technology Campus in Malta. 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