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Episode 44: Investing In China's Chip Manufacturing, Global Foundries' $4B Expansion, and ONTO's AI Customer
GlobalFoundries (GFS) just opened their new $4 billion expansion facility in Singapore to address future semiconductor demand. The company has weathered the chip downturn in the recent year and is hoping for a rebound. What does this news update tell us about the financial state of GlobalFoundries? Semiconductor manufacturing equipment company Onto Innovation (ONTO) had some updates of their own in the past weeks. They said that they completed an order of over $100 million for its Dragonfly G3 equipment, far more than previously reported, with more orders forthcoming that should last into the…
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