Here you will find all the articles with the tag: Globalfoundries.
The French government is subsidizing a new chip factory by STMicroelectronics and GlobalFoundries to the tune of 2.9 billion euros. The subsidy is part of a larger French plan for the semiconductor industry. The chip makers' new factory is located in Crolles near the city of Grenoble. The chips ... Read more
11 months ago
The US chip maker outperformed its earnings projections but fell short on its guidance for Q2. GlobalFoundries (GF) stock prices dropped more than 9% this week. This is despite the company having posted better-than-expected first-quarter earnings, according to a report in SiliconANGLE. The r... Read more
12 months ago
Chipmakers STMicroelectronics and GlobalFoundries received EU authorization on Friday to develop a new chip facility in France with French public aid. The action will improve Europe's supply security, resilience, and output of semiconductor technology in the region. The European Commission annou... Read more
12 months ago
The management of chipmaker GlobalFoundries warned employees of upcoming layoffs. Inflation and energy prices are on the rise. Demand for chips declines as a result. GlobalFoundries is preparing for an uncertain period by cutting staff. The plan was announced in an email to employees on Friday ... Read more
1 year ago
GlobalFoundries and Qualcomm extended their cooperation. GlobalFoundries' will produce chips for Qualcomm until at least 2028. According to the organizations, the deal is worth billions of euros. GlobalFoundries is a foundry. Foundries invest in factories and equipment to produce customers' chip... Read more
2 years ago
GlobalFoundries (GF) – fourth in the list of the biggest semiconductors around the globe – has partnered with Google's two-year-old open-source silicon campaign to demonstrate that foundries can profit from such an initiative. To create a vibrant ecosystem surrounding open-source hardware, G... Read more
2 years ago
STMicroelectronics and GlobalFoundries partner up to build a $5.7 billion semiconductor manufacturing facility in France. According to the organization, the French government will provide "significant financial support" for the construction of the factory. According to Reuters, the project is an... Read more
2 years ago
Advanced Micro Devices (AMD.O) has amended their agreement with GlobalFoundries and will be acquiring $2.1 billion worth of silicon wafers from them. In May of 2021, AMD and GlobalFoundries had signed an agreement in which AMD would buy over $1.6 billion worth of chips from 2022 to 2024. This wa... Read more
2 years ago
China’s SMIC (Semiconductor Manufacturing International Corp) will invest $8.87 billion to build a plant in Shanghai. SMIC announced the news on Friday, saying it plans to expand capacity, amid a global shortage as Beijing aims to become independent in the sector. The expansion by the countryâ... Read more
3 years ago
Intel is very interested in chip manufacturer GlobalFoundries. This is what the Wall Street Journal reports. Intel considers an acquisition so that it can increase its production of processors. According to sources of the business newspaper, an acquisition of GlobalFoundries would cost Intel app... Read more
3 years ago
