Thread regarding GlobalFoundries layoffs

GoFensive - Revving up the PR Spin Machine

What's with all of the current articles about GF "knocking it out of the park" post-pivot. It seems like they have a new PR firm that is winding up the spin machine into overdrive. WSJ? It seems like the new tack is the "advertorial".

Here's a couple from recent days:

https://www.design-reuse.com/news/46804/globalfoundries-12lp-finfet-cloud-edge-ai.html

https://www.wsj.com/articles/globalfoundries-firming-up-ipo-plans-11569374919

The first one is real confusing It talks about 12LP+ as the next big thing and it is built on the "mature" 12LP technology so customers can use their existing designs - did I miss something or did I sleep for 2 years and 12LP is now mature? It also makes some convoluted claim that 12LP+ is equivalent to 7LP.
(sorry GF censors you put the story out so can't claim proprietary info on this one.)

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Post ID: @11d2BFSb

3 replies (most recent on top)

They're trying to put lipstick on the pig. How many times have they said IPO now? It's the end of the road and mgmt knows it.

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Post ID: @11d2BFSb-1iix

They need an IPO to run through other people's money, so they are trying to advertise. I seriously hope no one believes the hype.

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Post ID: @11d2BFSb-ffa

They're trying to will their hype into reality. Ain't gonna work.

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Post ID: @11d2BFSb-hsh

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