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  2. GlobalFoundries Inc. is a multinational semiconductor contract manufacturing and design company incorporated in the Cayman Islands and headquartered in Malta, New York. Created by the divestiture of the manufacturing arm of AMD , the company was privately owned by Mubadala Investment Company , a sovereign wealth fund of the United Arab Emirates ...

    • March 2, 2009; 14 years ago (as a spin-off of AMD)
    • US$8.1 billion (2022)
  3. Feb 19, 2024 · The award to GlobalFoundries will help the firm expand its existing facility in Malta, N.Y., enabling it to fulfill a contract with General Motors to ensure dedicated chip production for its cars.

  4. Feb 19, 2024 · MALTA, N.Y. and ESSEX JUNCTION, VT, February 19, 2024 – The U.S. Department of Commerce today announced $1.5 billion in planned direct funding for GlobalFoundries (Nasdaq: GFS) (GF) as part of the U.S. CHIPS and Science Act. This investment will enable GF to expand and create new manufacturing capacity and capabilities to securely produce ...

  5. Feb 19, 2024 · Updated 2:33 AM PDT, February 19, 2024. WASHINGTON (AP) — The Biden administration said Monday that the government intends to provide $1.5 billion to the computer chip company GlobalFoundries to expand its domestic production in New York and Vermont.

  6. GlobalFoundries | 226,567 followers on LinkedIn. One of the world’s leading semiconductor manufacturers. | GlobalFoundries (GF) is one of the world’s leading semiconductor manufacturers.

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