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.
BAE and GlobalFoundries team up on chips for security
June 24, 2024
The two firms have announced a collaboration to boost the domestic fabrication and packaging of secure chips for use in aerospace and defence.
ElevATE and GF partner on high-voltage chips
June 13, 2024
ElevATE Semiconductor and GlobalFoundries have entered into a manufacturing partnership for high-voltage chips produced at GF’s facility in Essex Junction, Vermont.
Top 10 global foundries see 4.3% QoQ drop in 1Q24
June 12, 2024
The first quarter of 2024 marked the entry of a traditional off-season for the consumer end, according to a survey by TrendForce. Orders were mainly for restocking inventory, and the supply chain was slow overall. Economic risks like inflation and geopolitical conflicts led to revisions in forecasts for automotive and industrial equipment. AI servers played a key role in supporting the supply chain. Despite this, the top 10 global foundries saw a 4.3% revenue drop to USD 29.2 billion.
Kevin O’Buckley to lead Foundry Services at Intel
May 14, 2024
Stuart Pann, Senior Vice President and General Manager of Foundry Services, will retire from Intel after 35 years of service at the end of May. He will be succeeded by Kevin O’Buckley.
The foundry industry is showing signs of stabilisation
May 01, 2024
The foundry industry is showing signs of stabilisation, marked by a 10% QoQ growth, indicative of ongoing inventory normalisation, says Counterpoint Research.
Huawei to develop lithography tech at new R&D centre
April 12, 2024
Chinese tech giant Huawei is reported to be building a new research unit in Shanghai. It wants to develop chipmaking tools that could eventually rival those of ASML, Canon, and Nikon.
Samsung Electronics lines up new $6bn US subsidy
March 15, 2024
The Biden administration is preparing to extend another huge grant to Samsung Electronics to encourage the Korean firm to invest in the US manufacturing base.
Moov launches EU expansion
March 13, 2024
Moov, a company operating a marketplace for used semiconductor equipment, has hired Eric Tribolet as Director of European Sales, to help the company expand its presence in European markets.
Global top 10 foundries Q4 revenue up 7.9%
March 12, 2024
The latest TrendForce report reveals a notable 7.9% jump in 4Q23 revenue for the world’s top ten semiconductor foundries, reaching USD 30.49 billion.
US government to invest $3.5 billion in Intel military tech?
March 08, 2024
Online reports say the US has approved funding to support the production of advanced semiconductors for military and intelligence programmes by Intel.
GlobalFoundries bags a $1.5bn government grant
February 19, 2024
The US government has awarded USD 1.5 billion to contract chipmaker GlobalFoundries. The firm will use the funds to build a new site in New York and expand existing operations in Vermont.
Infineon and GF extend long-term deal
January 23, 2024
Infineon and GlobalFoundries have signed a new multi-year agreement on the supply of Infineon’s 40nm automotive MCUs.
Amkor and GlobalFoundries kickstart European partnership
January 16, 2024
Amkor Technology and GlobalFoundries have officially kicked off their strategic partnership in Europe with a ribbon-cutting ceremony at Amkor's Porto, Portugal, facility today January 16, 2024.
Silicon Labs starts the search for new CFO
December 12, 2023
As John Hollister will depart from Silicon Labs to join partner GlobalFoundries as CFO; CAO Mark Mauldin to be named interim CFO.
Silicon Labs Announces CFO Transition
From Silicon Labs to GF – John Hollister joins as CFO
December 11, 2023
GlobalFoundries announces that John Hollister will join the company as CFO, effective February 5, 2024. Hollister, who is a semiconductor industry veteran, will be responsible for GF’s financial strategy and will lead the company’s global finance organisation.
Top 10 foundries experience 7.9% QoQ growth in 3Q23
December 06, 2023
The third quarter of 2023 was a dynamic quarter for the global foundry industry – marked by an uptick in urgent orders for smartphone and notebook components, according to TrendForce’s research.
Germany clears Bosch, Infineon and NXP stakes in TSMC fab
November 07, 2023
The German cartel office (the Bundeskartellamt) has cleared plans by Bosch, Infineon and NXP to each acquire 10% of the shares in European Semiconductor Manufacturing Company (ESMC), a company established by TSMC.
Load more news
