GlobalFoundries


2024-08-08

[News] Two Contrasting Trends Emerge in Wafer Foundry Industry

AI industry has been driving semiconductor industry to advance forward. Benefited from the surge in AI-driven demand for advanced process chip, foundry industry is experiencing a gradual turnaround, while demands for consumer chip and automotive chip have not yet fully recovered, and competition rem...

2024-07-05

[News] Foundry Giant GlobalFoundries Acquired GaN-Related IP

On July 1, GlobalFoundries (GF), a major foundry player, announced that it has acquired Tagore Technology's production-verified proprietary GaN (Gallium nitride) power IP portfolio, which refers to a high-power density solution designed to enable higher efficiency and better performance of automobil...

2024-06-07

[News] VIS, NXP to Build a 12-Inch Fab, Indicating Singapore’s Semiconductor Industry Concentration Further Enhances

Due to the impact of international situations and uncontrollable factors, the global semiconductor supply chain is undergoing a shift. According to a report from WeChat account DRAMeXchange, the Southeast Asian region, with its advantages in labor and development conditions, has become the preferred...

2024-02-20

[News] GlobalFoundries Reportedly Becomes Third Recipient of CHIPS Act Subsidy, Receives USD 1.5 Billion

The U.S. government announced on February 19th that semiconductor giant GlobalFoundries (GF) will be the third company to receive approval for subsidies under the Chips and Science Act, also known as the CHIPS Act, receiving USD 1.5 billion. According to MoneyDJ’s reports citing from Reuters, ...

2024-02-17

[News] Financial Reports of Six Major Foundries Reveal Semiconductor Industry Recovery Status

The latest financial reports for 4Q23 from six leading global semiconductor foundries signal optimism for the semiconductor industry's recovery in 2024. In 2023, the semiconductor sector underwent significant adjustments. As the industry worked towards normalizing its inventory levels amidst ongo...

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