Tag: GlobalFoundries
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GlobalFoundries Seeks Funding Under U.S. CHIPS Act for Expansion and Modernization
GlobalFoundries, a leading contract chip manufacturer, has formally submitted funding applications under the U.S. CHIPS (Creating Helpful Incentives to Produce Semiconductors for America) Act....
GlobalFoundries Launches $4 bn Fabrication Plant in Singapore to Expand Chip Manufacturing
GlobalFoundries, one of the world’s leading contract chip manufacturers, marked a significant milestone on Tuesday with the official opening of its $4 billion fabrication...
GlobalFoundries and Lockheed Martin sign semiconductor deal
Chipmaker GlobalFoundries and Lockheed Martin, a global security and aerospace company, announced their partnership to secure domestic semiconductor supply for defense systems.
The collaboration will secure manufacturing...
France offers $3.1 bn aid for semiconductor factory of STMicroelectronics and GlobalFoundries
France will provide 2.9 billion euros ($3.10 billion) in aid to help support an investment of 7.5 billion euros that chipmakers STMicroelectronics and GlobalFoundries...
GlobalFoundries revenue dips 5% to $1.84 bn in first-quarter
GlobalFoundries (GF) has reported 5 percent drop in revenue to $1,841 million for the first quarter ended March 31, 2023.
GlobalFoundries has generated revenue of...
