Any insight into Deloitte's "Project Azalea" the not-so-secret site selection for another wafer fab in the Albany, NY area? I guess it's not for GloFo since their exist NY site should fit multiple fab and AbuDabi fab is next and on hold...
GlobalFoundries is a rare hit in the chip industry, as it should be with all the investments poured into it, and with the leadership it has nourished. Manocha made our list of EE Times 40th anniversary future innovators: http://www.nxtbook.com/nxtbooks/cmp/eetimes110512/#/50
I think the U.S. is the natural place for a technology company to list.
It is very hard to get an IPO away unless there is a good track record of profitability and good prospects going forward.
So, as Noonen said, the first thing is to be profitable.
It looks like Mubadla/ATIC is trying to set a realistic goal of profitable by 2015 -- otherwise why mention the date.
So I should say an IPO is unlikely much before then.
But if GF is profitable in 2013 and racks up several profitable quarters why not stage the IPO in 2014?
Blog That A-Ha Moment Larry Desjardin 12 comments Have you ever had an a-ha moment? Sure, you have. The Merriam-Webster dictionary defines it as "a moment of sudden realization, inspiration, insight, recognition, or ...