On December 11, the European Commission announced that it has approved EUR 623 million in German state aid for GlobalFoundries and X-FAB to support the construction of two new semiconductor manufacturing facilities in Germany. The aid consists of two grants, valued at EUR 495 million and EUR128 m...

As TSMC signals its exit from Gallium Nitride (GaN) wafer foundry services by 2027, another semiconductor powerhouse is seizing the opportunity. GlobalFoundries is accelerating its GaN initiatives, with moves that, according to EE Times, could establish it as a key U.S. hub for GaN fabrication. O...

GlobalFoundries today announced its acquisition of Advanced Micro Foundry (AMF), a Singapore-based silicon photonics foundry. According to the company’s press release, the deal positions GlobalFoundries as the largest pure-play silicon photonics foundry by revenue. The company did not disclose the...

In line with its strategy to focus on advanced chip technologies, TSMC is gradually retreating from lower-margin mature technology segments. Reflecting this shift, GlobalFoundries announced on November 10 a technology licensing deal with TSMC for 650V and 80V Gallium Nitride (GaN) technologies. Acco...

U.S.-based semiconductor manufacturer GlobalFoundries is undergoing a major leadership change. The company announced that, effective immediately, John Hollister, its Chief Financial Officer, has departed. Hollister leaves the chipmaker after just over a year in the role, having been appointed as Glo...