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GLOBALFOUNDRIES
India's semiconductor startups see investor interest buildingIndian semiconductor startups are experiencing a surge in investor interest, raising $92 million in the first five months of 2026, a signif...
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 stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pausesUS stocks ended mixed as the Dow hit a record closing high driven by healthcare and consumer gains, while tech and chip stocks lagged. Bank...
US stocks today: S&P 500 rises on Mideast peace hopes as oil prices dipUS stocks ended slightly higher as markets reacted to mixed corporate earnings and shifting geopolitical signals around Iran peace talks. S...
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...
US stocks today: US stocks slips as oil jumps on renewed Mideast concernsWall Street slipped as oil prices jumped after Iran signaled a tougher nuclear stance, raising fears of prolonged supply disruption. Rising...
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.
Why is Taiwan the elephant in every room between US and China?US President Donald Trump met Chinese President Xi Jinping in Beijing. Taiwan remains the most crucial issue for China. The island's self-g...
Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip dealsTower Semiconductor anticipates exceeding second-quarter revenue expectations. The company has secured significant deals worth $1.3 billion...
Tata Electronics' head of construction resigns; new exec hired: SourcesLast month, ET had reported that KC Ang had resigned from his role as president and head of Tata Semiconductor Manufacturing's (TSM), marki...
Axiro will scale fabless chip business in phases: CG Power chairmanAxiro Semiconductor, a CG Power subsidiary, is expanding its fabless chip business, initially targeting connectivity, satellite communicati...
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 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".