Ann: Archer and GlobalFoundries to advance 12CQ chip fabrication, page-27

"aaaaaand good feeling gone!!"

Traders, relax. Amazing news.

12CQ is being taken seriously. Good luck to all those who can buy cheap and buy and hold, and also to the traders.

https://www.nasdaq.com/articles/an-overview-of-the-top-5-semiconductor-foundry-companies-2021-10-01

4. GlobalFoundries

GlobalFoundries holds around 7% market share, similar to UMC. The U.S.-domiciled company was born when Advanced Micro Devices (AMD) spun off its semiconductor manufacturing arm in 2009 with investment from Abu Dhabi-backed ATIC. In 2012, AMD sold its equity stake in GlobalFoundries in a deal that no longer required the company to make its chips exclusively at GlobalFoundries.
In April 2021, GlobalFoundries announced that it will relocate its headquarters to Malta, New York, the site of fab 8 and the company’s most advanced semiconductor manufacturing facility. The company has invested more than $15 billion in its fab 8 facility over the last decade to support innovation and

manufacturing capacity. In April 2021, the company said it will double its investment to expand global capacity, with $500 million targeted for Malta alone. In May this year, AMD entered an amended seventh amendment with GlobalFoundries. AMD currently estimates that it will purchase approximately $1.6 billion of wafers from GlobalFoundries from 2022 to 2024 under the A&R Seventh Amendment. In September, Qualcomm and GlobalFoundries announced extension of their successful RF collaboration on 5G multi-Gigabit speed RF front-end products.

The current SP is irrelevant.