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  2. GlobalFoundries Inc. (GF) 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 ...

    • March 2, 2009; 14 years ago (as a spin-off of AMD)
    • US$8.1 billion (2022)
  3. Feb 19, 2024 · Feb. 19, 2024. The Biden administration on Monday announced a $1.5 billion award to the New York-based chipmaker GlobalFoundries, one of the first sizable grants from a government program aimed at ...

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  5. www.cnbc.com › 2023/10/01 › how-globalfoundries-aimsHow GlobalFoundries a - CNBC

    Oct 1, 2023 · GlobalFoundries is known for making “specialty chips” in big, exclusive deals, like one with Lockheed Martin in June for onshoring production of certain chips, and a recent $3 billion ...

    • 17 min
  6. GlobalFoundries is a top-five contract semiconductor manufacturer globally. It was originally the manufacturing arm of Advanced Micro Devices before it was spun out in 2009.

  7. Feb 19, 2024 · GlobalFoundries has been a national leader in semiconductor and chips innovation, putting Vermont at the forefront of this emerging technology. This is a well-deserved recognition of GlobalFoundries’ commitment to bolstering the on-shore growth of U.S.-made chips,” said Sen. Peter Welch. “This investment, made possible by the CHIPS and ...

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