None of GlobalFoundries’ 2022 Investments Is ‘Dependent’ on Chips Act: CFO
GlobalFoundries estimates the current “shortfall” in semiconductor industry supply is in the mid- to high-single digits, based on industry-wide capacity of about 15 million wafers a year, said CEO Tom Caulfield on a Q4 earnings call Tuesday. GF completed its…
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initial public offering in early November (see 2111020003). Industry supply capacity is projected to grow about 4% globally in the next five years, based on “announced fab expansions,” including fabs being tooled or those under construction, said Caulfield. Excluding China-based foundries, the five-year growth projection drops to 2.5%, he said.