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Marvell names Adobe's Dan Durn as finance chief amid growing AI demandDurn will take charge at Marvell starting June 15, while Meintjes will remain with the semiconductor company in an advisory role through ...
GlobalFoundries partners with Fermionic to produce first ever chip for an Indian firmFermionic's RF chips will be the first Indian semiconductors to be manufactured by GlobalFoundries, which has been producing chips for glob...
IBM plans $10 billion investment for large-scale quantum computer by 2029The investment will go toward R&D, capital expenditures, scaling manufacturing capabilities and acquisitions, the company known for buildi...
US to invest $2 billion in IBM, other quantum computing firmsUS government will invest $2 billion in nine quantum computing firms, including IBM’s new chip venture Anderon, to strengthen America’s lea...
IBM stock, Rigetti Computing RGTI shares jump big thanks to quantum computing grants. All about big move by Trump AdministrationIBM Stock: The Trump administration is awarding $2 billion in grants to nine quantum-computing companies in deals.
GlobalFoundries expects strong quarterly revenue on chips demand from data centersGlobalFoundries forecast first-quarter revenue above Wall Street expectations on Wednesday, bolstered by strong demand for its chips, and a...
GlobalFoundries names Sam Franklin as CFO after interim stintGlobalFoundries on Wednesday appointed Sam Franklin as its chief financial officer, succeeding John Hollister, who stepped down earlier thi...
GlobalFoundries expects upbeat quarter on demand for auto, data center chipsThe company has seen higher demand for its made-to-order chips, as automakers focus on electric vehicles and advanced driver-assistance sys...
GlobalFoundries to expand German facility with $1.28 billion investmentUS chipmaker GlobalFoundries on Tuesday said it will invest 1.1 billion euros ($1.28 billion) to expand manufacturing capabilities at its G...
GlobalFoundries and Taiwanese chipmaker UMC mull potential merger, Nikkei reportsThe news of a potential deal comes as the US seeks to strengthen its semiconductor supply chain amid rising geopolitical tensions in the Ta...
IBM, GlobalFoundries settle lawsuits over contract, trade secretsGlobalFoundries bought IBM's semiconductor plants in 2015. IBM sued the Malta, NY-based company in New York state court in 2021 for alleged...
Chipmaker GlobalFoundries faces $500,000 fine for banned shipments to ChinaThe Bureau of Industry and Security, which oversees U.S. technology controls on China, said GlobalFoundries had sent 74 different shipments...
US awards $1.5 billion to GlobalFoundries for semiconductor productionEarlier in January, the commerce department announced a $162 million planned award to Microchip Technology and $35 million to a BAE Systems...
GlobalFoundries opens $4 billion Singapore chip fabrication plantThe company's Singapore operations, which serve 200 clients worldwide, also include two other fabs that produce 720,000 300mm wafers and 69...
Qualcomm pledges to hike spending to $4.2 billion on GlobalFoundaries chip collaborationQualcomm became one of GlobalFoundries' first long-term customers in 2021, "covering multiple geographies and technologies".
How a global foundry is losing money in a chip boomLike its rivals, GlobalFoundries manufactures chips based on the designs of clients, most of which don’t have their own factories.
A forgotten chipmaker may be key to ending the global shortageGlobalFoundries is betting that as the global chip industry keeps spending money to accelerate toward the leading edge, those who hang back...