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by modeless 34 days ago
They stopped pursuing cutting edge fabrication processes many years ago. Always seemed like a short sighted business decision to me.
1 comments

I read about it at the time. Apparently, every new node was twice as expensive to develop as the previous one, which killed off the smaller competitors one by one. Even today, I find it hard to tell whether Globalfoundries really made a mistake. They get to cash out on their existing fabs and a bit of sustaining innovation for a long time instead of potentially killing themselves swiftly by trying and failing to keep up with the leading edge.
Considering the market cap of their competitors who kept going it seems foolish to have given up entirely.