Reported government-backed investment in GlobalFoundries' manufacturing makes it the next core holding candidate. A quoted Insiderwave post says the US government will add $955 million to its stake, taking its total investment to $1.63 billion, and Japan will put $21 billion into New York semiconductor facilities that GlobalFoundries would run. x.com 

GlobalFoundries can earn from new US fabs without paying to build them. A US-Japan government-owned vehicle would fund and own up to $21B of buildings and tools across two fabs; GF would supply technology and operate them for fees plus an EBITDA share for at least 20 years. The first fab is expected to add about 900,000 wafers a year, with first output in 2029; management projects about $3B of cumulative free cash flow over ten years from that fab alone. Definitive agreements remain unsigned. … Show more

GlobalFoundries looks expensive against its earnings. It trades at 36 times trailing and 17 times next year's earnings, while chipmakers usually get 18 times. Applying 18 times to mid-cycle EPS of $1.41, give or take 12%, gives a fair value of $22.29-28.36, so the stock sits 58% above the top of that range; trailing and forward readings differ widely. This is a valuation read only, with no fundamental work behind it. x.com 

GlobalFoundries is the most underappreciated foundry in the AI supply chain. x.com 

GlobalFoundries is heavily underrated: it will be the leading quantum foundry, and no one is pricing it as a robotics foundry. It should win a large slice of the robotics and IoT market, with motor controls, sensor fusion and communication microcontrollers running on its 22nm FDX process. It is the preferred pick among quantum plays. x.com  x.com 

GlobalFoundries looks like a value trap next to TSMC's growth, as a comparison chart illustrates. x.com 

GlobalFoundries' margins should rise relative to Tower Semiconductor's, if reports on each company's 8-inch to 12-inch transition and capacity ramp are correct, even though both now have similar net margins. GlobalFoundries also trades at a much cheaper multiple than Tower. x.com 

GlobalFoundries' $375M government contract to develop quantum products shows the advantage of not being a pure play. Its established business already lets it fund expansion without dilution while its higher-margin photonics business is set to double, so the stock can keep grinding higher as it proves itself the co-packaged optics foundry leader. x.com 

GlobalFoundries' new silicon germanium capacity deal with Marvell doesn't fix its position, because its SiGe is mediocre next to Tower's, though the gap is smaller than in silicon photonics. Semtech, and likely Macom, use Tower. x.com  x.com 

Intel's growing server profit gives its recovery firmer support, though Q4's margin reset limits extrapolation. Data Center and AI revenue rose 78% to $7.3B; foundry losses narrowed to $1.85B but remain substantial. Management guides Q4 non-GAAP gross margin to 38% from 44.1% in Q3, while client sales fell 5%. The 14A milestone alone does not establish external foundry commitments. x.com