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The Latest Breaking News from GlobalFoundries

Semiconductor industry faces critical talent crisis — one million additional skilled workers needed by 2030

The semiconductor industry is experiencing strong growth and soaring demand, but a worsening shortage of engineers, managers, and technical talent threatens to undermine its ability to grow further.

Tom’s Hardware

GlobalFoundries announces $16 billion U.S. chip production spend — striking spending boom follows demand from domestic customers

Contract fab GlobalFoundries has announced a commitment to spend $16 billion on plant expansion and advanced packaging research. The move comes with no expected spending date.

Tom’s Hardware

GlobalFoundries Stock Hits Bottom: Is a Rebound Coming?

GlobalFoundries had a decent quarter, reverting to growth and guiding for acceleration in the current quarter, signalling a rebound for its stock price.

MarketBeat

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China's new semiconductor rule spares Taiwan fabs, punishes Intel, GlobalFoundries & Texas Instruments

China now considers wafer fabrication location as origin of chips, no matter where they were packaged or developed, which is good news for those outsourcing to Taiwan, but bad news for those who manufacture in America.

Tom’s Hardware

Trump's tariffs on chipmaking tools could make U.S.-made processors more expensive

Trump's tariffs on foreign chipmaking equipment are set to raise costs for U.S. semiconductor manufacturers, threatening to disrupt investment plans and increase the cost of domestically produced chips.

Tom’s Hardware

What GlobalFoundries, UMC Potential Merger Means for the Future of US Chipmaker Industry

The new entity would later invest in research and development within the U.S, and potentially compete with Taiwan Semiconductor Manufacturing Co. (TSMC).

International Business Times UK

Russian spy infiltrates ASML and NXP to steal technical data necessary to build 28nm-capable fabs

A Russian engineer is accused of leaking confidential technical data from ASML, NXP, TSMC, and GlobalFoundries to Russia, allegedly to support construction of a 28nm-capable fab.

Tom’s Hardware

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GlobalFoundries mulls UMC takeover in effort dubbed 'Project Ultron'

GlobalFoundries is exploring an ambitious but challenging merger with rival UMC to create a dominant global player in mature-node semiconductor manufacturing, aiming to boost scale, diversify risk, and counter rising competition.

Tom’s Hardware

A quantum computing startup says it is already making millions of light-powered chips

American quantum computing startup PsiQuantum announced yesterday that it has cracked a significant puzzle on the road to making the technology useful: manufacturing quantum chips in useful quantities.

The Conversation

Hell freezes, pigs fly: Rumor has it that Intel could merge with AMD's former foundry in potential multi-billion deal

Rumors suggest that Intel could merge with GlobalFoundries, AMD's former chip manufacturer, in a potential multi-billion-dollar deal.

TechRadar

Intel's vacant CEO spot rumored to be filled by Tom Caulfield — abrupt GlobalFoundries shakeup sparks speculation

GlobalFoundries's Thomas Caulfield rumored to be joining Intel as next CEO as he gets abruptly promoted to executive chairman position at GF.

Tom’s Hardware

Trump administration will back CHIPS and Science Act hints outgoing Commerce Secretary

Next U.S. Commerce Secretary reportedly plans to continue implementing CHIPS and Science Act program.

Tom’s Hardware

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

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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.

Benzinga

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

What's Going On With GlobalFoundries Stock Wednesday?

GlobalFoundries secures $9.5M in funding from U.S. gov to advance production of GaN chips. GaN offers superior capabilities for high-performance, energy-efficient applications.

MarketBeat

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.

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Tom’s Hardware

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.

Barchart

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.

Tom’s Hardware

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.

International Business Times

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.

PC Gamer

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.

International Business Times

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.

Tom’s Hardware

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.

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