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The Latest Breaking News from GlobalFoundries

GlobalFoundries to expand New York fab — announces new $575 million advanced packaging and photonics facility

GlobalFoundries is investing around $575 million to construct an advanced packaging and silicon photonics facility at its Malta, New York site.

Tom’s Hardware

IBM and GlobalFoundries settle lawsuits over chipmaking tech given to Intel and Rapidus

GlobalFoundries and IBM settle all litigations, including those that covered IBM's work with Intel and Rapidus.

Tom’s Hardware

Nvidia, AMD, and Intel all invest in light-based communication networks powering next-gen chips — Ayar Labs gets $155 million in funding

Large developers of CPUs and GPUs invest hundreds of millions of dollars in developing optical interconnects.

Tom’s Hardware

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Taiwan Semiconductor Extends Lead As Top Chipmaker

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) maintained its global wafer foundry business turf in the third quarter of 2024.

Benzinga

Dogs of Tech: 3 Semiconductor Stocks Set for a 2025 Rebound

Semiconductor manufacturers like GlobalFoundries, Microchip Technologies, and Intel are down in the dumps in 2024 but expected to revert to growth in 2025.

MarketBeat

GlobalFoundries gets $1.5 billion subsidy from U.S. gov't after it was fined for violating export laws to China

GlobalFoundries signed a deal to get $1.5 billion under the CHIPS and Science Act even after being fined for violating U.S. export laws by supplying advanced chips to Chinese entities.

Tom’s Hardware

2 Must-Own Semiconductor Stocks to Buy Now and Hold Forever

As the demand for advanced chips continues to skyrocket, Taiwan Semiconductor Manufacturing Company (TSM) and GlobalFoundries (GFS) are emerging as essential players in the semiconductor industry, with both companies demonstrating strong growth potential and solid financials.

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Chipmakers race to get CHIPS Act dollars before White House changeover — TSMC and GlobalFoundries finalize applications, facilitating payouts

GlobalFoundries and TSMC finalize talks with the U.S. government to get CHIPS Act funding.

Tom’s Hardware

TSMC, GlobalFoundries Set To Win Final Chips Act Awards: Report

The Chips Act allocates $39 billion in grants, along with billions more in loans and 25% tax credits, to boost U.S. semiconductor manufacturing after much of the production moved to Asia.

International Business Times

Ex-AMD fab GlobalFoundries has been fined $500K after admitting it shipped $17,000,000 worth of product to a company associated with China's military industrial complex

The CHIPS-funded manufacturer takes a significant slap on the wrist.

PC Gamer

US Fines Chipmaker $500,000 For Selling To Blacklisted Chinese Company

GlobalFoundries sent SJ Semiconductor 74 shipments worth $17.1 million without seeking a license, the Commerce Department said.

International Business Times

GlobalFoundries fined $500,000 for restricted chip exports to Chinese firm on U.S. entity list — chipmaker shipped $17 million worth of silicon wafers to China’s SJ Semiconductor

GlobalFoundries is said to have shipped 74 orders, totaling $17.1 million, to SJ Semiconductor, a SMIC affiliate, without obtaining the required license.

Tom’s Hardware

Former Intel execs are fighting over whether splitting the company in two is a good idea and if the US government should step in to cleave it in twain

Some serious "judgement of Solomon" vibes going on here.

PC Gamer

Former Intel CEO says splitting Intel isn’t good for the U.S.

Former Intel CEO Craig Barrett said splitting off Intel's manufacturing division as its own company could make it uncompetitive and lag behind the other chip makers.

Tom’s Hardware

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Tom’s Hardware

Former Intel directors believe Intel must split in two to survive

Former Intel directors called the government to use its $20 billion CHIPS funding to force the company to split into two.

Tom’s Hardware

GlobalFoundries helps pay off student loans to retain and attract semiconductor talent — qualified US employees receive up to $28,500 in student debt relief

GlobalFoundries program offers up to $28,500 in loan repayment for enrolling students.

PC Gamer

As Intel's struggles continue, rumours are now emerging that plans are afoot to flog its chip-manufacturing fabs

Is Intel's future a fabless fait accompli?

Tom’s Hardware

Chinese companies spend $26 billion on advanced chipmaking machinery investment

Ahead of possible new U.S. export regulations, Chinese chipmakers increase purchases of semiconductor fab tools.

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Barchart

Down 26% YTD, Should You Invest in This Underperforming Intel Rival?

GlobalFoundries emerges as a semiconductor leader in Q2, with strong earnings and strategic alliances buffering against the sector's broader economic pressures.

Investors Business Daily

Chipmaker GlobalFoundries Beats Q2 Goals, Gives Mixed Outlook

Contract chipmaker GlobalFoundries beat Wall Street's targets for the second quarter but offered mixed guidance for the current period.

International Business Times

GlobalFoundries' Collaboration With Teramount May Hint At The Next Wave Of Optical Connectivity For AI

Teramount's recent collaboration with GlobalFoundries centers on integrating its Universal Photonic Coupler with the advanced GF Fotonix platform.

Tom’s Hardware

Blacklisted China chipmaker SMIC becomes the world's second-largest pure-play foundry by revenue — outsells GlobalFoundries and others

SMIC becomes the world's second-largest pure-play foundry as it eclipses GlobalFoundries and UMC, but this is only true if you exclude Intel and Samsung.

Barchart

Stocks See Support as Bond Yields Fall and Earnings Impress

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.01%. US stock indexes settled mixed on Tuesday, with the S&P 500 posting a 3-week...

Barchart

Stocks See Support as Bond Yields Fall

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.19%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.04%. US stock indexes this morning are mixed, with the S&P 500 climbing to...

Investors Business Daily

Chipmaker GlobalFoundries Tops Q1 Views, Offers Reassuring Outlook

Contract chipmaker GlobalFoundries beat estimates for the first quarter and offered in-line to better-than-expected guidance for the current period.

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