Globalfoundries, with the wealth of Arabia behind it, once looked like a possible rival to TSMC. But not any more.
Over the years, GloFo’s revenues relative to TSMC’s revenues, have decreased.
Back in 2009, when GloFo was founded based on the fabs of AMD, the company ‘s revenues were 29% of TSMC’s revenues.
This year, GloFo’s revenues are expected to be only 22% of TSMC’s revenues, according to IC Insights.