Because of this historical relationship, GF has always been called by playersAMDThe "girlfriend" of the two has long since disappeared and has become a pure monetary relationship. After GF announced its withdrawal from 7nm process research and production last year, AMD also transferred the 7nm order to TSMC. Now the 7nm Ruilong and Navi graphics cards are both TSMC contract workers. GF only retains 14 nm and 12 nm cooperation.
Without AMD, GF is also looking for a new direction of development. Since its establishment 10 years ago, GF has hardly made any profit. This way of burning money makes oil tyrants unable to afford it. Over the past two years, under the pressure of its parent company Mubadala, GF has carried out a series of reform measures. Its core goal is to reduce weight and increase profits. 。
For this reason, GF has sold many wafer factories and businesses. In January 2019, GF sold Singapore's Fab 3E 8-inch wafer factory to the world's advanced semiconductor under TSMC for $240 million. In February this year, there was a change in GF's plan to invest $10 billion in wafer factories in Chengdu, China. At present, the project is basically stalled.
In April, GF announced an agreement with Ansenmei to sell its Fab 1012 inch wafer factory in New York to Ansenmei for $430 million.
After selling some of the wafer plants, GF announced in May that it had sold its ASIC business, Avera Semiconductor, to Marvell, which will pay GF $650 million in cash over the next 15 months, followed by an additional $90 million, a total of $740 million, and is expected to close the deal in fiscal year 2020.
GF does this for listing? In fact, the industry has long had an analysis, or sell themselves after the break-up, previously rumored that GF will be.SamsungAcquisitions, but the authorities have denied the sale, and even if Mubalala wants to get rid of GF, there are few companies with the ability to buy it – Chinese companies are in need of money and money, but the situation is the most unlikely.
If you can't sell it, you have to prepare for another way: IPO listing.CEO Thomas Caulfield, a GF company, revealed its idea of listing in an interview a few days ago, as soon as it went public in 2022.。
For GF, listing has many benefits, on the one hand, it can get huge capital financing, on the other hand, it can also improve the value of the company. After all, GF is the second largest wafer manufacturer in the world, and the strength is still there.