Pat Gelsinger's exit as Intel's chief executive has laid bare a fundamental clash between his vision and that of the board. Gelsinger pushed to ramp up capital spending, expand advanced...
International foundry players including TSMC, SMIC, and GlobalFoundries (GF) are expected to either maintain or increase their capital expenditure in 2025, focusing on expanding capacity...
As Intel's CEO position has remained unfilled for over two months, recent management changes at GlobalFoundries (GF) have sparked speculation. Dutch media outlet Bits & Chips...
GlobalFoundries Inc. (GF), the world's third-largest contract chip manufacturer, announced that Chief Operating Officer (COO) Tim Breen will succeed Tom Caulfield as CEO, while Caulfield...
GlobalFoundries has unveiled plans to invest US$575 million in a cutting-edge advanced packaging and photonics center at its Malta, New York, facility. This ambitious project is designed...
As US President Joe Biden prepares to leave office on January 20, 2025, concluding a presidency marked by CHIPS Act initiatives to expand US semiconductor manufacturing, Europe's...
GlobalFoundries and IBM announced on January 2, 2025, that they had settled their ongoing legal battles, which included claims of breach of contract, trade secrets, and intellectual...
Taiwan needs to develop medium-scale floating wind projects before embarking on gigawatt-scale developments, according to Eric Kamphues, chairman of Rui Li 1 Floating Offshore Wind...
As Donald Trump's inauguration fast approaches, Gina Raimondo, the US Secretary of Commerce, revealed to Politico that she instructed Commerce Department staff to work overtime...
The Biden administration has finalized Chips Act incentives for GlobalFoundries (GF), awarding the chipmaker US$1.5 billion in grants to support US factories as part of a broader...
The US Department of Commerce's Bureau of Industry and Security (BIS) announced on November 1 that GlobalFoundries (GF), a US semiconductor foundry, has been fined US$500,000 for...
GlobalFoundries (GF) posted earnings results for the third quarter of 2024 that ended September 30, 2024, achieving 7% sequential revenue growth to US$1.739 billion, primarily driven...
The US imposed a US$500,000 in mitigated penalty against GlobalFoundries for shipments of semiconductors to entity-listed Chinese firms as the US works to close sanctions loopholes...
GlobalFoundries (GF) is looking to revitalize its operations in China. K.C. Ang, who became GF's president for Asia and chairman for China earlier this year, recently said at an annual...
