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GLOBALFOUNDRIES INVESTMENT
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.
- 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...
- Taken-for-granted separation between economics & strategy has collapsed in 21st Century: Pradeep MehtaThe lines between economics and strategy have blurred, as highlighted in CUTS International's geoeconomic webinar. Experts discussed how tr...
- Separation between economics & strategy that was taken for granted has collapsed in 21stCenturyA recent CUTS International webinar under its Geoeconomic Monograph Series highlighted how global economics and geopolitics are now deeply ...
- 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 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...
- US plans 1:1 chip production rule to curb overseas reliance, WSJ reportsThe US is considering requiring chipmakers to match imports with domestic production or face tariffs. Trump’s proposal, aimed at economic s...
- Semicon co GlobalFoundries to launch R&D & testing facilities in KolkataGlobalFoundries is set to begin R&D and testing in Kolkata by late September, announced West Bengal Minister Babul Supriyo. This move is ex...
- GlobalFoundries boosts investment plans to $16 billion, with research focusThe Malta, New York-based company said it is working with the Trump administration to bring chip manufacturing technology and various compo...
- 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...
- 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...
- Chipmaker GlobalFoundries seeks funding under CHIPS ActThe CHIPS and Science Act provides a total of $52.7 billion in subsidies for US semiconductor production, research and workforce developmen...
- 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...
- Intel may stop rival AMD from making chipsIntel Corporation has warned rival chip maker AMD (Advanced Micro Devices) that its licence to make personal-computer chips could be revoke...
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