Thread regarding GlobalFoundries layoffs

IBM is developing very advanced stuff only like less than 5nm, GF doesn't have the tooling to even run processes like this which need EUV etc ...... If GF wanted to write a big enough check, they could get into sub-12nm nodes, but I don't see that on the roadmap. Further, when you get leadership technology you need to invest in it to keep your leadership, GF hasn't figured this out yet 7SW/8SW we had close to a monopoly in the RF front end space but because we have slowed down 9SW and haven't invested in other techs like advanced packaging, 3D, 2.5D etc enough then you go from leadership to being a follower which is what GF is doing now in the RF space. 9SW slate we are chasing UMC to try and prevent Qorvo from taking their business to them, this isn't proactive leadership, it is a reactive emergency approach to try and stop the bleeding!!

Who is to say gf can’t get more technology from ibm down the line (buy from them)?

100% accurate, if it wasn't for IBM partnering with key companies and building up the RF business then GF's revenue would be at least 20-30% lower. The problem is GF is running the RF business into the ground by not investing enough in programs like 9SW and 9SW Slate while UMC and TSMC are investing much more in RF technologies, they are starting to take significant market share away from GF. The collapse of GF is happening and the question each of us has to ask is do we want to ride on the plane and hope it makes it to its final destination or grab a parachute and leave early!!!