Just noticed that GF has sold

2022-06-17

Just noticed that GF has sold Fab10 in New York toON semi, while the new 300mm fab in Singapore will make up the capacity with more specific are focus, also I think running fab in Singapore will making more profits than in US especially city like New York, with lower labour cost and taxes, etc...

Therefore I think this is good for both of the two companies, one can have more cost effectiveness without affecting capacity, another can have its own 300mm fab.

$GLOBALFOUNDRIES Inc.(GFS)$$ON Semiconductor(ON)$

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Comments

chaicka
2022-06-19
chaicka
GF is still not profit making after decades in biz. Have not bought in due to overvalued IMO. Now with this divestment & shift, will reassess when SG fab expansion is closer to completion (end 2023?).
handy87
2022-06-20
handy87
old news GFS FAB 8 and 10 are ramping up in US . NewFAB 7H is still building up. Orders are coming in heavily, revenues exceed above estimates.
DaveLewis
2022-06-17
DaveLewis
Thanks for shaing the news. strong companies.
Trevelyan
2022-06-17
Trevelyan
Both company will get good growth eventually. 👍
Dollydolly
2022-06-17
Dollydolly
I think ON Semiconductor is for long-term
JoanneSamson
2022-06-17
JoanneSamson
ok..good news for both stocks

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Therefore I think this is good for both of the two companies, one can have more cost effectiveness without affecting capacity, another can have its own 300mm fab. $GLOBALFOUNDRIES Inc.(GFS)$$ON Semiconductor(ON)$","highlighted":2,"essential":2,"paper":1,"likeSize":29,"commentSize":0,"repostSize":2,"favoriteSize":0,"link":"https://ttm.financial/post/9057015825","repostId":0,"isVote":1,"tweetType":1,"viewCount":1238,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["GFS","ON"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":425,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":102421488,"commentId":"102421488","gmtCreate":1655600280970,"gmtModify":1663252239834,"authorId":4090019857770890,"author":{"id":4090019857770890,"idStr":"4090019857770890","authorId":4090019857770890,"name":"chaicka","avatar":"https://static.tigerbbs.com/c0c291a2a7983f128cf68e5b01fedd73","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"80.67%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9057015825,"objectIdStr":"9057015825","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"GF is still not profit making after decades in biz. Have not bought in due to overvalued IMO. Now with this divestment &amp; shift, will reassess when SG fab expansion is closer to completion (end 2023?).","text":"GF is still not profit making after decades in biz. Have not bought in due to overvalued IMO. Now with this divestment &amp; shift, will reassess when SG fab expansion is closer to completion (end 2023?).","html":"GF is still not profit making after decades in biz. Have not bought in due to overvalued IMO. Now with this divestment &amp; shift, will reassess when SG fab expansion is closer to completion (end 2023?).","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102450098,"commentId":"102450098","gmtCreate":1655732396620,"gmtModify":1663252375761,"authorId":3569715901208427,"author":{"id":3569715901208427,"idStr":"3569715901208427","authorId":3569715901208427,"name":"handy87","avatar":"https://community-static.tradeup.com/news/fd790bfb238470bf1ee1ecba15c280ca","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9057015825,"objectIdStr":"9057015825","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"old news GFS FAB 8 and 10 are ramping up in US . NewFAB 7H is still building up. Orders are coming in heavily, revenues exceed above estimates.&nbsp;&nbsp;","text":"old news GFS FAB 8 and 10 are ramping up in US . NewFAB 7H is still building up. Orders are coming in heavily, revenues exceed above estimates.&nbsp;&nbsp;","html":"old news GFS FAB 8 and 10 are ramping up in US . NewFAB 7H is still building up. Orders are coming in heavily, revenues exceed above estimates.&nbsp;&nbsp;","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102389462,"commentId":"102389462","gmtCreate":1655437318338,"gmtModify":1655437321218,"authorId":9000000000000636,"author":{"id":9000000000000636,"idStr":"9000000000000636","authorId":9000000000000636,"name":"DaveLewis","avatar":"https://static.tigerbbs.com/0f379c0439dbd36ed017761896cd91f0","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9057015825,"objectIdStr":"9057015825","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Thanks for shaing the news. strong companies.","text":"Thanks for shaing the news. strong companies.","html":"Thanks for shaing the news. strong companies.","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102389430,"commentId":"102389430","gmtCreate":1655437177681,"gmtModify":1663252091077,"authorId":9000000000000599,"author":{"id":9000000000000599,"idStr":"9000000000000599","authorId":9000000000000599,"name":"Trevelyan","avatar":"https://static.tigerbbs.com/45889c069df88784e75b651f763a062a","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9057015825,"objectIdStr":"9057015825","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Both company will get good growth eventually. 👍","text":"Both company will get good growth eventually. 👍","html":"Both company will get good growth eventually. 👍","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102389405,"commentId":"102389405","gmtCreate":1655437057203,"gmtModify":1663252092034,"authorId":9000000000000558,"author":{"id":9000000000000558,"idStr":"9000000000000558","authorId":9000000000000558,"name":"Dollydolly","avatar":"https://static.tigerbbs.com/2a3c9f1e4d056b8f2c66c22a8930b166","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9057015825,"objectIdStr":"9057015825","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"I think ON Semiconductor is for long-term","text":"I think ON Semiconductor is for long-term","html":"I think ON Semiconductor is for long-term","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102389372,"commentId":"102389372","gmtCreate":1655436920324,"gmtModify":1663252090737,"authorId":9000000000000534,"author":{"id":9000000000000534,"idStr":"9000000000000534","authorId":9000000000000534,"name":"JoanneSamson","avatar":"https://static.tigerbbs.com/8bf4dddd6d4678cc04a35cf677e4fd21","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9057015825,"objectIdStr":"9057015825","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"ok..good news for both stocks","text":"ok..good news for both stocks","html":"ok..good news for both stocks","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9057015825"}