US awards US$1.5 billion to GlobalFoundries for domestic semiconductor production
THE US government is awarding US$1.5 billion to GlobalFoundries to expand semiconductor production, the Biden administration said on Monday (Feb 19), in...
GlobalFoundries forecasts hit as chip customers seek advanced processes, clear inventory
GLOBALFOUNDRIES forecasts its first quarter below market estimates on Tuesday (Feb 13), as some customers continue to clear excess chip inventory while...
GlobalFoundries projects profit above estimates in positive sign for chip market
CONTRACT chipmaker GlobalFoundries forecast fourth-quarter profit above analysts’ estimates on Tuesday (Nov 7), providing the latest sign that a supply glut in...
GlobalFoundries opens US$4 billion expanded fabrication plant in Singapore
THE global demand for chips may have softened recently, but it is likely to rebound and continue its growth trajectory in the...
GlobalFoundries opens US$4 billion Singapore fabrication plant
GLOBALFOUNDRIES, one of the world’s top five largest contract chipmakers, launched a US$4 billion fabrication plant in Singapore on Tuesday, as part...
GM locks up chip supply in deal with GlobalFoundries
General Motors (GM) signed a deal with GlobalFoundries to lock up production capacity for semiconductors, helping the automaker manage a chip shortage...
Qualcomm, GlobalFoundries sign pact to double chip manufacturing
QUALCOMM and GlobalFoundries signed an agreement on Monday (Aug 8) to more than double their existing long-term manufacturing agreement for chips used...
4 GlobalFoundries ex-employees charged with accepting bribes
FOUR former employees of semiconductor manufacturer GlobalFoundries (GFS), and a company director of a separate manufacturing company, were hauled to court on...
GlobalFoundries, STMicro considering French chip factory venture: sources
GlobalFoundries and STMicroelectronics are in talks to build a semiconductor factory in France together with the help of government funds, according to...