Acquisition will expand GF portfolio with cutting-edge RISC-V processor IP and software tools for real-time computing in autonomous mobility, industrial automation, datacenter and intelligent edge applications Acquisition will expand GF portfolio with cutting-edge RISC-V processor IP and software tools for real-time computing in autonomous mobility, industrial automation, datacenter and intelli...
MALTA, N.Y., July 02, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, August 5, 2025, at 8:30 a.m. ET following the release of the company's second quarter 2025 financial results.
GlobalFoundries is overlooked due to market fixation on headlines, despite strong fundamentals and alignment with long-term industrial policy. Operationally, GFS is delivering: margin expansion, robust cash flow, and critical design wins in AI, automotive, and communications sectors. Short-term headwinds include weak mobile demand, falling ASPs, and margin pressure, but the company maintains a ...
Chip manufacturer GlobalFoundries said on Wednesday it planned to increase its investment plans to $16 billion, allocating an additional $1 billion to capital spending and $3 billion to research in several emerging chip technologies.
Backed by leading tech giants, the investment reinforces domestic semiconductor production and U.S.-based innovation in AI-enabling and power efficient technologies Backed by leading tech giants, the investment reinforces domestic semiconductor production and U.S.-based innovation in AI-enabling and power efficient technologies
ARLINGTON, Va.--(BUSINESS WIRE)--Lightshift Energy, a leading developer, owner, and operator of energy storage projects, will build Vermont's largest battery energy storage project at GlobalFoundries' semiconductor manufacturing facility in Essex Junction. The project, which has completed permitting and contracting, will begin construction this year and is set to come online in early 2026. This...
The collaboration will provide GF with access to A*STAR's state-of-the-art R&D facilities, capabilities and technical support for technology development and workforce skills enhancement in advanced packaging The collaboration will provide GF with access to A*STAR's state-of-the-art R&D facilities, capabilities and technical support for technology development and workforce skills enhancement in ...
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