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The Latest Breaking News from GlobalFoundries

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.

Tom’s Hardware

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?

PC Gamer

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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.

Tom’s Hardware

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.

Barchart

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.

Investors Business Daily

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.

International Business Times

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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.

Tom’s Hardware

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...

Barchart

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.

Investors Business Daily

TSMC Jumps Into Silicon Photonics, Lays Out Roadmap For 12.8 Tbps COUPE On-Package Interconnect

Optical connectivity – and especially silicon photonics – is expected to become a crucial technology to enable connectivity for next-generation datacenters, particularly those designed HPC applications. With ever-increasing bandwidth requirements needed to keep up with (and keep scaling out) system performance, copper signaling alone won't be enough to keep up.…

AnandTech

3 Chip Innovators Driving Market Dominance

The chip industry is set for significant growth due to the increasing demand for advanced chips and their ever-expanding applications. Therefore, investors could consider buying fundamentally strong chip stocks NXP Semiconductors (NXPI), Amkor Technology (AMKR), and Cirrus Logic (CRUS). Read more.

StockNews.com

U.S. government set to announce multi-billion dollar Intel grant in Arizona next week: Report

Biden administration will reportedly announce first award to Intel next week.

Tom’s Hardware

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Barchart

Weakness in Tech Stocks Drags the Overall Market Lower

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.60%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.79%. Stocks on Tuesday settled lower, with the Nasdaq...

Barchart

Stocks Under Pressure from Tech Stocks and Nvidia

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.50%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.88%. The broader market is under pressure today as weakness...

Barchart

Stocks Slip as Weakness in Nvidia Drags Tech Stocks Lower

Morning Markets The S&P 500 Index ($SPX ) (SPY ) today is currently down -0.36%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.06%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.51%. Stock indexes this morning are moderately lower as a -4% slide...

AnandTech

GlobalFoundries to Receive $1.5 Billion In Funding from U.S. CHIPS Act

The United States Department of Commerce and GlobalFoundires announced on Monday that the US will be awarding GlobalFoundries with $1.5 billion in funding under the CHIPS and Science Act. The latest domestic chip fab to receive money under the act, GlobalFoundries's funding will be spent to upgrade company's New York…

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Tom’s Hardware

GlobalFoundries gets 1.5 billion from CHIPS fund, $600 million from NY state

GlobalFoundries to upgrade U.S. fabs using $1.5 billion funding it gets under the CHIPS act and $600 million from the state of New York.

Investors Business Daily

U.S. Awards GlobalFoundries $1.5 Billion From CHIPS Act; Big Intel Subsidies Soon?

The U.S. awarded GlobalFoundries $1.5 billion in CHIPS Act subsidies on Monday. Intel reportedly could soon get more than $10 billion.

Top News

Biden Administration Invests Biden Administration Invests Top News.5 Billion in Semiconductor Manufacturing.5 Billion in Semiconductor Manufacturing

Get insights on Biden Administration's plan to invest in computer chip production with focus on GlobalFoundries expansion under the CHIPS and Science Act.

AnandTech

GlobalFoundries: Clients Are Migrating to Sub-10nm Faster Than Expected

When GlobalFoundries abandoned development of its 7 nm-class process technology in 2018 and refocused on specialty process technologies, it ceased pathfinding, research, and development of all technologies related to bleeding-edge sub-10nm nodes. At the time, this was the correct (and arguably only) move for the company, which was bleeding money…

Investors Business Daily

GlobalFoundries Latest Chipmaker To Guide Lower For March Quarter

GlobalFoundries delivered in-line to better-than-expected results for the fourth quarter but guided well below views for the current period.

AnandTech

Intel Reiterates: We Are Not Going to Spin Off IFS

When Intel struggled with its 10nm process technology a few years ago, some investors suggested that the company would be better-off spinning its chip production into an independent foundry, leaving the core of the company to focus on chip design instead. Bucking these calls, however, Intel opted to keep chipmaking…

AnandTech

TSMC Solidifies Leadership on Foundry Market as Intel Jumps into Top 10

The global foundry industry witnessed a substantial rise in demand in the third quarter of 2023, according to TrendForce. The Top 10 foundries collectively saw their revenue soar to about $28.29 billion, marking a 7.9% increase compared to the previous quarter. Taiwan Semiconductor Manufacturing Co. (TSMC) maintained its No. 1…

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