Subject


GlobalFoundries


2025-10-30

[News] GlobalFoundries CFO Departs Ahead of €1.1 Billion Expansion in Germany

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...

2025-09-30

[News] Applied Materials and GlobalFoundries Achieved Strategic Collaboration

Applied Materials, Inc. has announced a strategic collaboration with GlobalFoundries (GF) to establish a state-of-the-art waveguide manufacturing facility at GF’s Singapore plant, aiming to accelerate the next wave of innovation in photonics technology. Leveraging decades of semiconductor exper...

2025-08-29

[News] GlobalFoundries Reportedly Cuts U.S. Jobs, Says CHIPS Act Funding Involves No Equity

According to Times Union, chipmaker GlobalFoundries said it has made “adjustments” to its workforce at Fab 8, its plant in Malta, Saratoga County, New York. The report notes that despite the company’s ongoing $16 billion expansion of its manufacturing operations in Malta and at its older facil...

2025-08-06

[News] GlobalFoundries Partners with Chinese Foundry for Localized Automotive-Grade CMOS Production

Despite a weak Q3 outlook amid sluggish consumer demand, GlobalFoundries is making bold moves in China. The chipmaker is accelerating its “China-for-China” strategy through a new deal with a local foundry, kicking off with automotive-grade CMOS and BCD technologies, according to its press releas...

2025-06-27

[News] Continental Establishes Semiconductor Division, a Step for in-House Chip Development

On June 24, automotive parts supplier Continental announced the establishment of a new business unit dedicated to semiconductors, marking a significant step into in-house chip development. To address the growing strategic demand for semiconductors in the automotive industry, Continental has entered ...

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