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GlobalFoundries to boost capex in '11

9/3/2010 00:15 AM EDT
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daleste
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CEO
re: GlobalFoundries to boost capex in '11
daleste   9/4/2010 12:12:48 AM
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It is good to see fabs still being built and expanded in USA. There aren't many manufacturing industries still expanding here.

nicolas.mokhoff
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re: GlobalFoundries to boost capex in '11
nicolas.mokhoff   9/4/2010 1:56:06 AM
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According to the Albany Business Review GlobalFoundries will hire 185 technicians and engineers this fall as it prepares for the 2012 opening of its $4.2 billion plant in Malta, NY. Read more: http://albany.bizjournals.com/albany/stories/2010/09/06/story3.html

mark.lapedus
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Rookie
re: GlobalFoundries to boost capex in '11
mark.lapedus   9/7/2010 5:28:29 AM
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HSBC says GlobalFoundries (GF) won't be a real factor in the foundry market until 2011. I agree. I am still not convinced about them. Sometimes, I think they are really lost. I am not sure they have made the transition as an IDM under AMD to the pure-play foundry business. They got deep pockets, but they don't have a clue right now. They may figure it -- perhaps sooner than later. But for now, I see red ink and slower-than-expected sales for the foreseeable future.

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