The Latest Breaking News from GlobalFoundries

Japan’s $21 billion US chip bet raises questions over its own semiconductor revival

Japan has committed to investing $21 billion to establish two semiconductor factories in New York. This deal comes as Japan seeks to support US semiconductor industry growth and strengthen bilateral relations. Experts indicate that these investments may yield limited advantages for Japan's domestic chip manufacturing capabilities. As Japan's debt concerns…

The Economic Times · Oct 20

GlobalFoundries' $21 Billion Deal Could Change the Economics of Chipmaking

GlobalFoundries will build two New York chip fabs backed by up to $21 billion in Japanese funding, with Apple, GM, Cirrus Logic and Renesas among customers lined up ahead of a 2029 start.

MarketBeat · Oct 16

As D.C. Embraces State Economic Control, a Hopeful Project Seeks to Restore Free Enterprise

Government ownership of private companies threatens American prosperity.

Reason · Oct 16

The U.S. Government Is Preparing to Offload Over 9 Million GlobalFoundries Shares. How You Should Play GFS Stock in Response.

The federal government has filed to sell shares of GFS stock tied to a chip-funding deal, even as new federal awards keep flowing in.

Barchart · Sep 18

US to award GlobalFoundries $300 million to develop faster AI chip links

The award is part of President Donald Trump's effort to direct CHIPS Act research ‌funding toward ⁠critical ⁠semiconductor technologies as Washington seeks to strengthen its position in the ​global race with China.

The Economic Times · Jul 29

Micron's $250 Billion Bet Could Reshape the AI Memory Race

Micron accelerated its $250 billion U.S. fabrication buildout, securing a domestic silicon supply deal with GlobalWafers as it races SK Hynix in the HBM4 memory market.

MarketBeat · Jul 10

GlobalFoundries Maps Path to 40% Margins as Silicon Photonics Demand Builds

GlobalFoundries (NASDAQ:GFS) Chief Financial Officer Sam Franklin said the chipmaker sees a path to significantly higher profitability over the next several years, driven by a mix shift toward faster-growing end markets, technology services, manufacturing productivity and better utilization of its e

MarketBeat · May 30

Quantum Computing's Commercial Breakout Has Arrived

The quantum computing industry is transitioning from theoretical research into utility-scale commercial infrastructure with robust enterprise service adoption.

MarketBeat · May 27

GlobalFoundries Eyes AI, Data Center Growth as It Targets 40% Margins

GlobalFoundries (NASDAQ:GFS) Chief Financial Officer Sam Franklin said the company is positioning itself around data center demand, physical AI, silicon photonics, supply-chain diversification and custom silicon as it looks to expand revenue and margins over the next several years. Speaking with JP

MarketBeat · May 24

US to invest $2 billion in IBM, other quantum computing firms

US government will invest $2 billion in nine quantum computing firms, including IBM’s new chip venture Anderon, to strengthen America’s lead in advanced computing and counter China. IBM gets $1 billion, GlobalFoundries $375 million, while smaller firms like D-Wave and Rigetti also receive funding amid rising investor interest.

The Economic Times · May 21