Skip to content

Tag: GlobalFoundries

GlobalFoundries Reached a Final Agreement with a Chinese Wafer Fab

In its financial report for the second quarter of 2025 released yesterday local time, GlobalFoundries announced that as part of its “in China for China” strategy, it had reached a final agreement with a local wafer foundry in China to provide reliable supply for its customers in Chinese Mainland. GlobalFoundries stated that under the framework … Continued

GlobalFoundries Announces $16 Billion Investment in the U.S.

GlobalFoundries, the world’s fifth largest chip foundry, announced on June 4th that it will invest $16 billion in the United States to expand its chip manufacturing and advanced packaging capabilities. This plan has received public support from tech giants such as Apple and SpaceX, as well as strong support from US President Trump. In a … Continued