GlobalFoundries

The United States Department of Commerce and GlobalFoundires announced on Monday that the US will be awarding GlobalFoundries with $1.5 billion in funding under the CHIPS and Science Act. The latest domestic chip fab to receive money under the act, GlobalFoundries's funding will be spent to upgrade company's New York and Vermont fabs as well as build a brand-new fab module. In addition, GlobalFoundries is set to get $600+ million funding from the state of New York to support its expansion and modernization efforts over the next 10 years. "These proposed investments, along with the investment tax credit (ITC) for semiconductor manufacturing, are central to the next chapter of the GlobalFoundries story and our industry," said Dr. Thomas Caulfield, president and CEO of GlobalFoundries. "They...

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...

25 by Anton Shilov on 2/14/2024

Global Semiconductor Sales Hit $526.8 Billion in 2023

The global semiconductor industry saw its sales dropped around $47 billion to nearly $527 billion in 2023, according to estimations by the Semiconductor Industry Association (SIA). This was a...

13 by Anton Shilov on 2/9/2024

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...

7 by Anton Shilov on 12/6/2023

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...

3 by Anton Shilov on 9/26/2023

Top 10 Foundries See Revenue Drop Nearly 15% Year-over-Year

The top 10 contract makers of chips saw their Q1 2023 revenue decline by 14.6% year-over-year and 18.6% quarter-over-quarter, according to the most recent report by TrendForce. The market...

0 by Anton Shilov on 6/13/2023

GlobalFoundries Sues IBM Over Sharing Leading-Edge Chip IP with Intel, Rapidus

The relationship between GlobalFoundries and IBM has been rocky in recent years. Among other things, Big Blue has previously sued GF, seeking damages for abruptly stopping the development of...

10 by Anton Shilov on 4/20/2023

AMD and GlobalFoundries Wafer Supply Agreement Updated Once More: Now $2.1B Through 2025

In a short note published by AMD this afternoon as part of an 8-K filing with the US Securities and Exchange Commission, AMD is disclosing that the company has...

71 by Ryan Smith on 12/23/2021

Semi CapEx to Hit $152 Billion in 2021 as Market on Track for $2 Trillion by 2035

Semiconductor makers have drastically increased their capital expenditures (CapEx) this year in response to unprecedented demand for chips that is going to last for years. Now the CEO of...

8 by Anton Shilov on 12/17/2021

China's SMIC To Build a GigaFab for $8.87B: An Answer to the Shortages

As a result of being on the US Entity list, SMIC's blacklisting has caused troubles in the company developing and deploying leading-edge fabrication technologies. As a result, it has...

23 by Anton Shilov on 9/6/2021

GlobalFoundries To Spend Billions: Doubling Fab 8, Creating New Fab in NY

Today at a private GlobalFoundies event, CEO Tom Caulfield accompanied by Senate Majority Leader Chuck Schumer, announced that the company is set on expansion. At the heart of this...

75 by Dr. Ian Cutress on 7/19/2021

GlobalFoundries To Build New 450K Wafer-per-Year Fab in Singapore

Looking to capitalize on the ongoing chip crunch, GlobalFoundries this morning is announcing that the company is building a new chip fab in Singapore, with the groundbreaking taking place...

5 by Ryan Smith on 6/22/2021

AMD and GlobalFoundries Update Wafer Supply Agreement: Orders Through 2024, Now Non-Exclusive

In a brief Securities and Exchange Commission Form 8-K filing, AMD this afternoon has revealed that it has once again amended its wafer supply agreement with US fab (and...

41 by Ryan Smith on 5/13/2021

GlobalFoundries Upgrades for Silicon Photonics in Quantum Computers

One of the targets of the modern foundry business is to have a wide array of manufacturing process technologies. This enables it to cater to as many customers as...

31 by Dr. Ian Cutress on 5/5/2021

Sales of Fab Tools Surge to Over $71 Billion in 2020

SEMI, an organization representing chipmakers and producers of semiconductor production tools, published this week that sales of wafer processing equipment has surged to an all-time record of $71.19 billion...

18 by Anton Shilov on 4/15/2021

GlobalFoundries to Invest $1.4B in Expansion, Potential Earlier IPO

GlobalFoundries this week reiterated plans to invest $1.4 billion this year in expansion of its manufacturing capacities across the world. Around one third of the sum will be co-invested...

21 by Anton Shilov on 3/4/2021

Report: Semi Demand 30% Above Supply, 20% Year-on-Year Growth

Semiconductor foundry offerings are thriving due to unprecedented demand for semiconductors and processors in recent quarters. Analysts from TrendForce believe that in Q1 2021 foundries will increase their revenue...

31 by Anton Shilov on 2/25/2021

GlobalFoundries & Everspin Extend MRAM Pact to 12nm

GlobalFoundries and Everspin have announced that the two have extended their Spin-transfer Torque (STT-MRAM) joint development agreement (JDA) to 12LP (12 nm FinFET) platform. The extension will enable GlobalFoundries...

4 by Anton Shilov on 3/13/2020

A Big Bet on SOI: GlobalFoundries Preps Another Supply Agreement for 300mm SOI Wafers

Having dropped out of the race for leading-edge manufacturing technologies in order to focus on specialty fabrication processes, GlobalFoundries has pinned some big hopes in manufacturing RF-SOI chips for...

26 by Anton Shilov on 2/27/2020

GlobalFoundries' 22FDX with MRAM is Ready

GlobalFoundries on Thursday said that it had completed development of its 22FDX (22 nm FD-SOI) technology with embedded magnetoresistive non-volatile memory (eMRAM). The technology can be used for a...

7 by Anton Shilov on 2/27/2020

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