Tag: globalfoundries
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Japan to invest $21 billion in up to two GlobalFoundries chip factories in New York
NEW YORK/WASHINGTON, Oct 14 : Japan will invest about $21 billion to build up to two chip factories in New York State that will be jointly owned by the US government and Japanese interests and operated by GlobalFoundries, the company said on Wednesday.The initiative is part of a Trump administration deal str
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Japan to invest up to $21 billion in two US chip factories to be run by GlobalFoundries
NEW YORK, Oct 14 : Japan will invest up to $21 billion in two chip factories in New York state that will be jointly owned by the US government and Japanese interests and operated by GlobalFoundries, the company said on Wednesday. The move is part of a deal for Japan to invest $550 billion in…
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GlobalFoundries to make key AI chip component for TSMC in $2 billion deal
Oct 8 : GlobalFoundries on Thursday said it has reached a $2 billion agreement to make a key component used to link AI processors and memory chips for TSMC at its New York facility.Known as a silicon interposer, the component sits beneath processors and memory chips inside advanced AI packages and enables th
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GlobalFoundries tops second quarter estimates on AI chip demand
Aug 5 : GlobalFoundries reported second-quarter revenue above Wall Street estimates on Wednesday, as growing demand for its chips used in data centers boosted sales.• GlobalFoundries makes specialty chips for communications, data centers, automotive, industrial and consumer electronics companies.•
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