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NEWS TAGGED GLOBALFOUNDRIES
Monday 25 November 2024
Raimondo's race against time: Intel, Samsung CHIPS Act deals hang in balance
As Donald Trump's inauguration fast approaches, Gina Raimondo, the US Secretary of Commerce, revealed to Politico that she instructed Commerce Department staff to work overtime...
Thursday 21 November 2024
GlobalFoundries cements Chips Act deal for US$1.5 billion grant
The Biden administration has finalized Chips Act incentives for GlobalFoundries (GF), awarding the chipmaker US$1.5 billion in grants to support US factories as part of a broader...
Wednesday 6 November 2024
GF faces penalties for shipments to SJS despite SMIC, JCET divesting stakes
The US Department of Commerce's Bureau of Industry and Security (BIS) announced on November 1 that GlobalFoundries (GF), a US semiconductor foundry, has been fined US$500,000 for...
Wednesday 6 November 2024
GlobalFoundries' 3Q24 earnings: 7% revenue growth driven by design wins despite YoY decline
GlobalFoundries (GF) posted earnings results for the third quarter of 2024 that ended September 30, 2024, achieving 7% sequential revenue growth to US$1.739 billion, primarily driven...
Monday 4 November 2024
US fines GlobalFoundries US$500,000 for wafer shipments to Entity List
The US imposed a US$500,000 in mitigated penalty against GlobalFoundries for shipments of semiconductors to entity-listed Chinese firms as the US works to close sanctions loopholes...
Thursday 31 October 2024
GF aims to revitalize foundry business in China with team expansion planned for 2025
GlobalFoundries (GF) is looking to revitalize its operations in China. K.C. Ang, who became GF's president for Asia and chairman for China earlier this year, recently said at an annual...
Wednesday 30 October 2024
Intel foundry: to split or not? Insights from Gelsinger and insiders
In March 2022, Intel CEO Pat Gelsinger was a guest at President Biden's State of the Union address, highlighting Intel's pivotal role in revitalizing semiconductor manufacturing in...
Tuesday 15 October 2024
ElevATE partners with Polar Semiconductor for advanced manufacturing
ElevATE Semiconductor and Polar Semiconductor have formed a strategic alliance to develop and produce ElevATE products used by world-class ATE equipment and semiconductor manufactu...
Monday 23 September 2024
US and India to build national security fab, GlobalFoundries to set up R&D center in Kolkata
As the US hosted the Quad Leaders Summit in Delaware, the US and India intensified their semiconductor collaboration by launching a series of initiatives, including a semiconductor...
Friday 13 September 2024
Efficient Computer, GlobalFoundries partner to develop next-gen energy-efficient processors
Efficient Computer has announced a strategic partnership with GlobalFoundries (GF) on a new category of ultra-energy-efficient processors. According to PR Newswire, this...
Monday 19 August 2024
A decade of opposites: Intel's IDM woes vs. AMD's fabless triumph
Once the undisputed leader of the semiconductor industry, Intel has seen its market capitalization dwindle significantly compared to its American rivals, Nvidia and AMD. Intel's market...
Wednesday 7 August 2024
GF sees unfavorable 3Q24 due to sluggish chip market recovery
GlobalFoundries (GF) has released its second quarter 2024 financial report, which exceeded market expectations. Nevertheless, GF suggested that the recovery of semiconductor demand...
Friday 19 July 2024
Singapore gears up for semiconductor boom with new land and perks
Singapore is preparing additional land and boosting amenities to draw more semiconductor wafer fabs.
Thursday 11 July 2024
GlobalFoundries advances SiPh tech amid data center interconnectivity demand optimism
GlobalFoundries (GF) is optimistic that silicon photonics (SiPh) will become a key growth area for the future data center market. In a recent interview with All About Circuits, Vikas...
Wednesday 10 July 2024
Pure-play foundries' recovery rates differ
TSMC's revenue in US dollars for the first half of 2024 is likely to reach a new high compared to prior years, but this does not imply that the global foundry industry has fully recovered,...