ENTITY · globalfoundries
GlobalFoundriesGFS
United States·pure play·major·$47.1B mkt cap
Largest US-based pure-play foundry, focused on specialty nodes.
WATCH · 40–69
53/100 illustrative
Underwriting Thesis
WATCH — GlobalFoundries: criticality to DoD-exposed downstream programs compounded by sole-source / single-point-of-failure dominance in pure play. A chokepoint underwriting concern at this tier.
Factor Breakdown
Foreign-Origin Concentration47
Sole-Source Dependence74
Sanctions Exposure0
Downstream Criticality100
Sanctions Exposure
Entity not present on tracked screening lists (CSL).
DoD Exposure
Total Awards$1.05B
Programs
DMEADefense Microelectronics ActivitySOW 25-5C9TRUSTED FOUNDRY
Agencies
Department of Defense
Shortest paths → DoD-exposed firms
- Scale AI · 2 hops · $105.6MGlobalFoundries → NVIDIA → Scale AI
- Marvell Technology · 3 hops · $184.3MGlobalFoundries → Broadcom → InnoLight Technology → Marvell Technology
- Valens Semiconductor · 4 hops · $28.3MGlobalFoundries → NXP Semiconductors → Nagase & Co. → TSMC → Valens Semiconductor
Possible substitutes · same commodity buckets
Chokepoint Relationships
Key Suppliers · upstream · 16
- Shin-Etsu ChemicalJapanALLIED
- SUMCOJapanALLIED
- GlobalWafersTaiwanCHOKEPOINT
- SiltronicGermanyALLIED
- JSRJapanALLIED
- Tokyo Ohka KogyoJapanALLIED
- Air LiquideFranceALLIED
- LindeUnited KingdomALLIED
- Air ProductsUnited StatesDOMESTIC
- ASMLNetherlandsALLIED
- Applied MaterialsUnited StatesDOMESTIC
- Lam ResearchUnited StatesDOMESTIC
- Tokyo ElectronJapanALLIED
- KLAUnited StatesDOMESTIC
- ASM InternationalNetherlandsALLIED
- SCREEN HoldingsJapanALLIED
Key Customers · downstream · 11
- QualcommUnited StatesDOMESTIC
- NXP SemiconductorsNetherlandsALLIED
- Skyworks SolutionsUnited StatesDOMESTIC
- QorvoUnited StatesDOMESTIC
- Cirrus LogicUnited StatesDOMESTIC
- MythicUnited StatesDOMESTIC
- NVIDIAUnited StatesDOMESTIC
- AMDUnited StatesDOMESTIC
- BroadcomUnited StatesDOMESTIC
- AppleUnited StatesDOMESTIC
- MediaTekTaiwanCHOKEPOINT