Analysts voice doubts over Globalfoundries plans

After consulting the crystal ball, several analysts claim Globalfoundries will face an uphill struggle to meet its goals, and that its New York fab plans could even be unsuccessful.

Tech consultant Adolfo Gutierrez thinks building the fab itself is not an issue, but says Globalfoundries has to get some major, non-AMD clients on board soon. "The land purchase is meaningless, even the start of the construction is superfluous... unless large clients show up very soon," Gutierrez said, adding that the company will have to snatch some of TSMC's clients to be truly successful.

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