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  2. GlobalFoundries - Wikipedia

    en.wikipedia.org/wiki/GlobalFoundries

    GlobalFoundries Inc. is a multinational semiconductor contract manufacturing and design company incorporated in the Cayman Islands and headquartered in Malta, New York. [4] Created by the divestiture of the manufacturing arm of AMD , the company was privately owned by Mubadala Investment Company , a sovereign wealth fund of the United Arab ...

  3. TSMC, GlobalFoundries poised to get final Chips Act awards ...

    www.aol.com/news/globalfoundries-poised-final...

    WASHINGTON (Reuters) -Taiwan Semiconductor Manufacturing Co, GlobalFoundries and at least one other chipmaker are poised to receive their final Chips and Science Act awards from the Biden ...

  4. US finalizes $1.5 billion chips award for GlobalFoundries to ...

    www.aol.com/news/us-finalizes-1-5-billion...

    The U.S. Commerce Department said Wednesday it has finalized a $1.5 billion government subsidy for GlobalFoundries to expand semiconductor production in Malta, New York and Vermont. The binding ...

  5. IBM, GlobalFoundries settle lawsuits over contract ... - AOL

    www.aol.com/news/ibm-globalfoundries-settle...

    GlobalFoundries bought IBM's semiconductor plants in 2015. IBM sued the Malta, N.Y.-based company in New York state court in 2021 for allegedly breaking a $1.5 billion contract to make high ...

  6. GlobalFoundries forecasts Q2 revenue, profit above estimates ...

    www.aol.com/news/globalfoundries-forecasts-q2...

    GlobalFoundries — the world's third-largest contract chipmaker — had won $1.5 billion in subsidies from the U.S. government ear ... "Pockets of the semiconductor industry" have started to ...

  7. US fines GlobalFoundries for shipping chips to sanctioned ...

    www.aol.com/news/us-penalizes-globalfoundries...

    In a statement, the Commerce Department said GlobalFoundries sent 74 shipments worth $17.1 million to SJ Semiconductor, an affiliate of SMIC, without seeking a license.

  8. Foundry model - Wikipedia

    en.wikipedia.org/wiki/Foundry_model

    The first pure play semiconductor company is the Taiwan Semiconductor Manufacturing Corporation founded by Morris Chang, a spin-off of the government Industrial Technology Research Institute, which split its design and fabrication divisions in 1987, [6] a model advocated for by Carver Mead in the U.S., but deemed too costly to pursue.

  9. GlobalFoundries projects profit above estimates in positive ...

    www.aol.com/news/globalfoundries-projects-profit...

    Both Intel and Advanced Micro Devices have indicated that a recovery is afoot in the personal computer market, a key source of revenue for semiconductor makers. GlobalFoundries said it expects ...