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The Latest Breaking News from GlobalFoundries

Biden Administration Invests Biden Administration Invests Top News.5 Billion in Semiconductor Manufacturing.5 Billion in Semiconductor Manufacturing

Get insights on Biden Administration's plan to invest in computer chip production with focus on GlobalFoundries expansion under the CHIPS and Science Act.

Top News

GlobalFoundries: Clients Are Migrating to Sub-10nm Faster Than Expected

When GlobalFoundries abandoned development of its 7 nm-class process technology in 2018 and refocused on specialty process technologies, it ceased pathfinding, research, and development of all technologies related to bleeding-edge sub-10nm nodes. At the time, this was the correct (and arguably only) move for the company, which was bleeding money…

AnandTech

GlobalFoundries Latest Chipmaker To Guide Lower For March Quarter

GlobalFoundries delivered in-line to better-than-expected results for the fourth quarter but guided well below views for the current period.

Investors Business Daily

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Intel Reiterates: We Are Not Going to Spin Off IFS

When Intel struggled with its 10nm process technology a few years ago, some investors suggested that the company would be better-off spinning its chip production into an independent foundry, leaving the core of the company to focus on chip design instead. Bucking these calls, however, Intel opted to keep chipmaking…

AnandTech

TSMC Solidifies Leadership on Foundry Market as Intel Jumps into Top 10

The global foundry industry witnessed a substantial rise in demand in the third quarter of 2023, according to TrendForce. The Top 10 foundries collectively saw their revenue soar to about $28.29 billion, marking a 7.9% increase compared to the previous quarter. Taiwan Semiconductor Manufacturing Co. (TSMC) maintained its No. 1…

AnandTech

Chipmaker GlobalFoundries Beats Earnings Goal On In-Line Sales

Contract chipmaker GlobalFoundries beat expectations for earnings in the third quarter while matching views on sales.

Investors Business Daily

How Singapore and its population of just six million is beating much bigger countries in the race to attract chip manufacturing

Singapore could be a lesson for other countries hoping to break into chips: Experience and expertise is worth more than money.

Fortune

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GlobalFoundries Applies for CHIPS Money to Expand U.S. Fabs

Update 9/30: Correcting the number of companies interested in receiving support from the CHIPS fund. GlobalFoundries has applied for financial support from the U.S. CHIPS and Science Act to expand its American manufacturing sites, the company said this week. The company intends to get federal grants and investment tax credits…

AnandTech

GlobalFoundries Criticizes German Subsidies to Rival TSMC

GlobalFoundries also wants some government money.

Tom’s Hardware

GlobalFoundries: European Chip Subsidies May Damage Ability to Compete

GlobalFoundries, a specialist semiconductor foundry company, has come forward with warnings about how Europe's planned chip subsidies might impact the highly-competitive semiconductor manufacturing landscape.

Tom’s Hardware

GlobalFoundries Stock Flashing Renewed Technical Strength With 80+ RS

A Relative Strength Rating upgrade for GlobalFoundries shows improving technical performance.

Investors Business Daily

If you own a CPU or GPU, it was made in one of these fab locations

From Dublin to Hsinchu, three companies make most of the high performance chips for our gaming PCs.

PC Gamer

Dow Jones Falls Ahead Of Biden Debt Ceiling Meeting; PayPal Dives On Earnings

The Dow Jones Industrial Average fell Tuesday ahead of President Joe Biden's meeting with Congress on the debt ceiling deadline.

Investors Business Daily

GlobalFoundries Tops First-Quarter Targets But Misses Views With Guidance

Contract chipmaker GlobalFoundries beat Wall Street's targets for the first quarter but guided lower for the current period.

Investors Business Daily

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TechRadar

GlobalFoundries sues IBM over alleged trade secrets breach

Since a handover between IBM and GF, both companies have been battling it out on the legal playing field.

Tom’s Hardware

GlobalFoundries Sues IBM For Giving Chip Secrets to Intel, Rapidus

GlobalFoundries accuses IBM of disclosing proprietary information to Intel and Rapidus.

Investors Business Daily

Stock Market Rally Extends Pause Amid Hot Inflation; Tesla, Shopify, Airbnb In Focus: Weekly Review

The stock market rally struggled late in the week as hot inflation and other economic data took a toll. Tesla, Shopify, Airbnb moved on news.

Investors Business Daily

Chipmaker Blasts Into Buy Zone On IoT Expansion, 700% Growth

As semiconductor stocks soar, GlobalFoundries inks a deal with GM to make chips and posts 700% growth. GFS stock soars on the news.

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Investors Business Daily

Dow Jones Falls 200 Points On Hot CPI Inflation Report; 8 Earnings Movers To Watch

The Dow Jones briefly dropped over 200 points Tuesday on a hot January CPI inflation report. First Solar fell sharply on a downgrade.

Investors Business Daily

Contract Chipmaker GlobalFoundries Exceeds Fourth-Quarter Goals, Guides Higher

Contract chipmaker GlobalFoundries on Tuesday easily beat Wall Street's targets for the fourth quarter and offered a raised outlook.

Tribune News Service

GM makes deal with wafer maker to secure semiconductor part supply

General Motors Co. and GlobalFoundries are forming a long-term agreement to give GM a dedicated supply of a critical part on semiconductors, the companies announced Thursday.

Investors Business Daily

Rivian, GlobalFoundries Joining Nasdaq 100 Index; Apple Chipmaker, China Stocks Falling Off

Tesla rival Rivian and GlobalFoundries lead Dec. 19 additions to the Nasdaq 100 index. Apple chipmaker Skyworks and two China names will exit.

The Street

Three Stocks Morningstar Recommends Selling

These are overvalued stocks of companies without competitive advantages, according to Morningstar.

Investors Business Daily

Dow Jones Rises As Best Buy Surges On Earnings; Zoom Dives On Weak Guidance

The Dow Jones Industrial Average rose Tuesday as investors digested a number of earnings reports, including results from retailer Best Buy.

Investors Business Daily

Dow Jones Drops Ahead Of Fed Minutes; Tesla Stock Dives To New Low; Zoom Slides On Earnings

Dow Jones futures were higher ahead of Wednesday's Fed minutes. Tesla dived Monday, hitting a 52-week low and nearing a two-year low.

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