GlobalFoundries

GlobalFoundries Considering Merger with Taiwan's UMC: What It Means for the Semiconductor Industry

2 months ago

In a potential shake-up for the semiconductor industry, GlobalFoundries, a prominent American semiconductor foundry, is reportedly in discussions to consider a merger with Taiwan's United Microelectronics Corporation (UMC). This news comes at a time when the semiconductor sector is navigating significant challenges, including global supply chain disruptions and intense competition.

GlobalFoundries and United Microelectronics Consider Strategic Merger

2 months ago

In a momentous development within the semiconductor industry, major players GlobalFoundries and United Microelectronics Corporation (UMC) are reportedly contemplating a possible merger. This strategic move could significantly reshape the landscape of chip manufacturing, which has been under immense pressure due to global supply chain issues and escalating demand for semiconductors across various sectors.

GlobalFoundries Secures $1.5 Billion Grant Under CHIPS Act: A Major Milestone for U.S. Semiconductor Manufacturing

6 months ago

GlobalFoundries has made a significant stride in the semiconductor industry by solidifying a deal that will provide them with a substantial $1.5 billion grant through the CHIPS (Creating Helpful Incentives to Produce Semiconductors) Act. This strategic funding initiative is aimed at bolstering U.S. semiconductor manufacturing capabilities and ensuring that domestic production can meet the rising global demand for chips.

TSMC and GlobalFoundries Conclude Discussions on Multi-Billion Dollar Chip Deals

7 months ago

In a significant development for the semiconductor industry, Taiwan Semiconductor Manufacturing Co. (TSMC) and GlobalFoundries have successfully wrapped up negotiations concerning substantial multi-billion dollar chip contracts. This outcome signals a strategic alignment between two of the industry’s giants as they navigate a landscape increasingly dominated by technological advancements and competitive pressures.