Samsung AI demand drives record chip earnings amid foundry and mobile hurdlesSamsung's semiconductor business achieved record second-quarter performance driven by AI server memory demand. However, its foundry operati...
30 Jul, 2026, 06.27 PM IST
US to award GlobalFoundries $300 million to develop faster AI chip linksThe award is part of President Donald Trump's effort to direct CHIPS Act research funding toward critical semiconductor technologies as W...
29 Jul, 2026, 06.28 PM IST
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...
11 Jun, 2026, 01.17 PM IST
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...
11 Feb, 2026, 10.18 PM IST
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...
11 Dec, 2025, 08.56 PM IST
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...
12 Nov, 2025, 08.33 PM IST
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...
28 Oct, 2025, 10.37 PM IST
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...
31 Mar, 2025, 08.34 PM IST
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...
03 Jan, 2025, 01.53 PM IST
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...
02 Nov, 2024, 08.01 AM IST
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...
20 Feb, 2024, 08.51 AM IST
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...
25 Sep, 2023, 09.28 PM IST
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...
12 Sep, 2023, 04.21 PM IST
Accord announces volume production of new line of GNSS receiver IC's with GlobalFoundries12 Apr, 2023, 10.30 AM IST
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".
09 Aug, 2022, 09.19 PM IST
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.
06 Oct, 2021, 09.57 AM IST
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...
23 Jun, 2021, 08.22 PM IST