Continental launches semiconductor unit, partners with GlobalFoundries
June 24, 2025
Continental's Automotive Group Sector has established a new internal unit — Advanced Electronics & Semiconductor Solutions (AESS) — to design and verify application-specific semiconductor circuits, as the company prepares for its planned spin-off into the standalone entity Aumovio.
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Top 10 foundries face tariffs and subsidies, 1Q revenue declines
June 11, 2025
The global foundry industry recorded USD 36.4 billion in revenue for Q1 2025, representing a 5.4% quarter-on-quarter decline, according to TrendForce. The revenue drop was softened by last-minute rush orders ahead of the US reciprocal tariff exemption deadline and continued demand driven by China’s 2024 consumer subsidy program.
GF looks to reshore chipmaking in $16B US investment
June 04, 2025
Working with the Trump administration and supported by tech companies seeking to onshore critical supply chain components, GlobalFoundries plans to invest USD 16 billion to expand its manufacturing and advanced packaging capabilities in New York and Vermont.
Lightshift to build Vermont’s largest energy storage project
May 26, 2025
Chip manufacturer GlobalFoundries will use Lightshift Energy’s 16MW/52MWh system for peak shaving by storing electricity during periods of low demand and discharging it during peak times to alleviate grid stress.
NEXT partners with BAE to develop next-gen space-qualified chips
May 05, 2025
NEXT’s latest APU, the NX450, is the world’s first 200 GS/s antenna processor with 100-GHz of instantaneous RF bandwidth split across four independent receive and transmit channels respectively.
Lightmatter’s photonic superchip advances interconnect innovation
April 18, 2025
With fully integrated fiber attachment supporting 256 fibers, Passage M1000 delivers an order of magnitude higher bandwidth in a smaller package size compared to existing CPO solutions.
Quantum computing startup PsiQuantum ‘is raising $750M’
March 25, 2025
PsiQuantum uses existing photonics technology at a facility run by GlobalFoundries in New York. In February, PsiQuantum said it had figured out how to manufacture quantum chips in large quantities.
Foundry market hits $38.5B as top 10 dominate with 96% share
March 11, 2025
The global foundry industry reached a new revenue record of USD 38.48 billion in Q4 2024, driven by strong demand for advanced process nodes in AI servers, flagship smartphone application processors, and new PC platforms, reports TrendForce. The top 10 foundries achieved nearly 10% QoQ revenue growth, despite weakening demand for mature process technologies.
indie partners with GF to boost automotive radar tech
March 07, 2025
These high-performance radar systems-on-chip (SoC), manufactured on GlobalFoundries’ 22FDX platform, will target 77 GHz and 120 GHz radar applications for advanced driver assistance systems.
GF and MIT to advance research on essential chips for AI
March 04, 2025
GlobalFoundries (GF) and the Massachusetts Institute of Technology (MIT) have entered into a new master research agreement aimed at advancing semiconductor technologies.
Leadership changes at GF – Thomas Caulfield steps down as CEO
February 11, 2025
Thomas Caulfield is stepping down from his role as CEO of semiconductor manufacturer GlobalFoundries to take on the role as Executive Chairman. Tim Breen has been named the company's new CEO.
Vermont secures $24 million for GaN chip innovation
February 03, 2025
Led by the University of Vermont (UVM), the semiconductor manufacturer GlobalFoundries and the state of Vermont, the V-GaN Tech Hub is part of a nationwide system of 31 tech hubs.
Fab delays and cancellations start to pile up
January 30, 2025
The semiconductor industry is grappling with uncertainty as several high-profile semiconductor fab projects are struggling with delays, suspensions, or outright cancellations.
GF to set up New York advanced packaging and photonics centre
January 21, 2025
Semiconductor manufacturer GlobalFoundries says it plans to create a new centre for advanced packaging and testing of US-made essential chips within its New York manufacturing facility.
New Chief Sales Officer joins Soitec
January 21, 2025
Soitec has appointed Ruth Hernandez as Chief Sales Officer.
SIA backs CHIPS and Science Act agreements to bolster U.S semiconductor sector
January 20, 2025
The Semiconductor Industry Association (SIA) has praised the U.S. Department of Commerce for a series ofagreements aimed at enhancing the U.S. semiconductor supply chain
GlobalFoundries and IBM settle ongoing lawsuits
January 08, 2025
GlobalFoundries and IBM have settled their ongoing lawsuits, resolving all litigation matters, including breach of contract, trade secrets and intellectual property claims between the two companies.
GF gets $9.5M funding to advance GaN chip manufacturing
December 05, 2024
GlobalFoundries has received an additional USD 9.5 million in federal funding from the US government to advance the manufacturing of essential gallium nitride (GaN) on silicon semiconductors at its facility in Essex Junction, Vermont.
3Q24 global top 10 foundry revenues reach record highs
December 05, 2024
TrendForce reports that despite a weak economy in Q3 2024, new smartphone and PC launches, along with strong demand for AI servers, boosted wafer foundry capacity utilisation compared to Q2.
GlobalFoundries awarded $1.5 billion in Chips Act funding
November 20, 2024
The US Department of Commerce has awarded GlobalFoundries up to USD 1.5 billion in direct funding to GF through the CHIPS and Science Act.
US orders TSMC to halt shipments of advanced AI chips to China
November 11, 2024
The US Department of Commerce sent a letter to TSMC imposing export restrictions on sophisticated chips, of 7 nanometer or more advanced designs, destined for China, sources told Reuters.
US fines GlobalFoundries for shipping chips to blacklisted firm
November 04, 2024
The Commerce Department said contract chipmaker GlobalFoundries sent 74 shipments worth USD 17.1 million to SJ Semiconductor, an affiliate of sanctioned Chinese firm SMIC, without seeking a license.
NexChip and Samsung Foundry lead LCD and OLED driver IC markets
October 23, 2024
NexChip and Samsung Foundry have emerged as major leaders in the display driver IC (DDIC) industry for 3Q24, according to the most recent insights from Omdia's Display Driver IC industry Tracker.
India, US ink pact to set up fab for national security, telecom
September 23, 2024
Modi and Biden praised combined efforts to facilitate resilient, secure and sustainable semiconductor supply chains including through the GlobalFoundries’ Kolkata Power Center.
TSMC, Samsung consider building $100 billion chip factories in UAE
September 23, 2024
The projects, which will help meet the soaring demand for AI computing, could be funded by the UAE, with the Abu Dhabi-based sovereign development vehicle Mubadala playing a key role, the WSJ says.
Urgent orders boost wafer foundry utilisation in Q2
September 03, 2024
Customers have started to restock components following the arrival of China's 618 mid-year shopping season and consumer electronics inventory levels approaching healthy levels. This has led to urgent orders for wafer foundries, reports TrendForce.
EU approves €5 billion subsidy to support TSMC's German fab
August 20, 2024
The European Commission has approved, under EU State aid rules, a EUR 5 billion German measure to support European Semiconductor Manufacturing Company (ESMC) in the construction and operation of a microchip manufacturing plant in Dresden.
Singapore woos wafer fabs with real estate offer
July 22, 2024
A Singaporean government agency has announced an 11% increase in land allocated for wafer manufacturing in an attempt attract more inward investment.
Dentressangle in talks to acquire Presto Engineering
July 09, 2024
French investment group Dentressangle has made a move for its compatriot firm Presto Engineering, which specialises in ASIC design, testing and production.
GlobalFoundries acquires Tagore Technology’s GaN technology
July 03, 2024
GlobalFoundries has acquired Tagore Technology’s proprietary Power Gallium Nitride (GaN) IP portfolio, a high-power density solution designed to push the boundaries of efficiency and performance in a wide range of power applications in automotive, IoT and AI datacenter.
US government pledges $75 million to Entegris
June 28, 2024
The Biden-Harris Administration will provide Entegris with up to $75 million in proposed federal incentives under the CHIPS and Science Act to boost the US chip supply chain.
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