@6ufv+1ewyP6fP You are right but again Malta is switching back and forth for the long term standpoint. Until 14nm is in demand it’s all rosy but then they will increase the capacity which in turn does not depreciate the cost of the new equipment purchase and once 14nm demand is done the struggle will be regarding the technology to replace at present it is all about photonics etc. so I am sure they are hoping to prolong 14nm as long as possible. Only time will tell what is going to happen but till then I see cost savings as much as possible to be profitable
@3uea+1ewyP6fP: F8 might generate the most revenue but it is the Singapore sites that are having the most profit in absolute and percentage. Malta still needs to depreciate a few billion dollars of equipment so there is no way Malta is the major powerhouse in GF's road to profitability (if that ever happens) in the short term. F1 as usual always bleed like he-l. Would be curious to see how is F9 doing.
@3uea+1ewyP6fP think about it fab8 makes the most revenue which is almost 30% and the others make 66%. So even if the revenue is equally generated we are looking at 10% at each site and I am tall not sure what the margins would like.
@4vez+1ewyP6fP There were two reasons one for the layoff and other to lure Asians back to Taiwan.
I recall many years ago back in the IBM layoff days, TSMC setup shop at a local hotel in Fishkill NY and put notice that that were hiring only people with PhD. They recruited many of IBMs best and brightest. The rest is history.
@3rwy their hiring is a bit weird, at first they were using "easy apply" on LinkedIn, but switched to some other system and then switched again to success factors within the past month (just from checking myself). I think they're still figuring things out. For one engineer position I think I saw over 1k applicants. Probably overwhelmed and lots of fluff. If you submit a resume, make sure it has keywords from the job description within it. Hopefully the ATS algorithm graces you.
Good points, agree with your estimates for volume and ASP for auto battleground.
As for AMD contract extension till 2025 (from 2024) - this is an annual WSA revisit and done at flat Revenue: baseline $1.6B + $0.5B (2025) =$2.1B.
Yet another PR trick - the only thing they care about.
So umm, yeah. Most new cars have between 1500-20 microprocessors. So a deal a with with car company is big.
@1imq have heard mixed results regarding TSMC. I need "company alumni" increasing on LinkedIn, but the few people I talked to that applied (engineering and technician roles) haven't heard back or got ghosted. These are people with industry experience. Something weird about it.
The biggest profit comes from Fab 8 and none of these companies have products at Fab 8. Plus imagine the volume. Typically these companies are selling about 2-3 million cars a year. Now if we assume each one has a GF chip with about 500 dies a wafer. We are looking at about 4000- 6000 wafers and together between ford and BMW we are looking at 12000 wafer, best case 15000 wafers and with ASP probably ranging at best case scenario of 5k we are looking at revenue of 75 Million which is a tiny change compared to 6billion. So as someone mentioned above this is just with nothing substantial coming out of it. The major impact would be the increase in AMD volume as announced, Qualcomm, nvidia, Amazon and the others who come with higher volume and higher ASP until then it is just trying to fool investors
Just wait until the TSMC factory comes online in Arizona, then watch the fireworks
Global is doing great. I'm glad I took the chance to work here
Read the fine print …. It’s not a binding contract , so it doesn’t meant anything … it’s just news …. Even the AMD wafer supply deal , it’s not a binding contract where AMD needs to fulfill their obligation ….