US finalizes $406 million chips subsidy for Taiwan's GlobalWafers​

The U.S. grants $406 million to GlobalWafers to boost silicon wafer production, creating significant jobs and supporting local semiconductor manufacturing as part of a broader strategy.

Soitec to supply wafers to GlobalFoundries' 9SW platform

Soitec will supply GlobalFoundries with RF-SOI wafers for 5G and Wi-Fi chips, responding to increasing performance demands in the evolving smartphone market.

US finalizes awards to BAE Systems, Rocket Lab for semiconductor chips

US finalizes $1.5 billion chips award for GlobalFoundries to expand production

US to award Akash Systems up to $18.2 million for chips production

The U.S. Commerce Department allocates $18.2 million to Akash Systems for semiconductor manufacturing, supporting a broader investment in thermal management technology in West Oakland, California.

US stock futures steady after Trump victory spurs record highs; Fed in focus

U.S. stock futures stabilized after Trump's election win, with Wall Street hitting record highs, driven by hopes of tax cuts and positive economic data, amid Fed interest rate speculation.

GlobalFoundries' poised to get final Chips Act award, source says

GlobalFoundries and two other chipmakers are nearing final Chips Act awards from the Biden administration, indicating progress in the semiconductor industry amid concerns over rollout pace.

GlobalFoundries forecasts upbeat Q4 results on strong demand from smartphone makers

GlobalFoundries expects Q4 revenue to exceed estimates due to increased smartphone demand, with shares rising. Adjusted profit predictions also exceed forecasts.

GlobalFoundries stock leaps 7% on strong outlook, Q3 results

GlobalFoundries reported a strong Q3 with earnings surpassing estimates, optimistic outlook for Q4, and resilient performance amid industry challenges.

US penalizes GlobalFoundries for shipping chips to Chinese firm