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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...
- 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...
- Apple adds Bosch, Cirrus Logic, others to US manufacturing program, to invest $400 millionApple is significantly boosting its US manufacturing efforts. The tech giant is investing $400 million by 2030 to bring production of vital...
- 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".
- 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...
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