Ex-AMD fab GlobalFoundries has been fined $500K after admitting it shipped $17,000,000 worth of product to a company associated with China's military industri…
Now the company has fessed up to shipping $17 million worth of products to Chinese company SJ Semiconductor between February ...
The Register on MSN11d
GlobalFoundries fined $500K for violating US sanctions
The US Department of Commerce is issuing a half a million dollar penalty against US-based semiconductor wafer manufacturer ...
TSMC and GlobalFoundries secure $13B in Chips Act funds ahead of Trump's inauguration
Reuters and Bloomberg report that TSMC, GlobalFoundries, and another unnamed company have completed agreements to receive ...
TSMC, GlobalFoundries reportedly complete CHIPS Act funding negotiations
GlobalFoundries won $1.5 billion in CHIPS Act funding about two months before TSMC. The preliminary agreement that the ...
Digi Times9d
GlobalFoundries' 3Q24 earnings: 7% revenue growth driven by design wins despite YoY decline
GlobalFoundries (GF) posted earnings results for the third quarter of 2024 that ended September 30, 2024, achieving 7% ...
Seeking Alpha6d
GlobalFoundries: Replacing Concern With Confidence, For Now - Upgrading To Hold
Our sell rating on GlobalFoundries Inc. (NASDAQ ... The second is that the company is still not the best-positioned fab in the peer group and will likely continue to underperform TSMC.
Reuters8d
TSMC, GlobalFoundries poised to get final Chips Act awards, sources say
WASHINGTON, Nov 6 (Reuters) - Taiwan Semiconductor Manufacturing Co, (2330.TW), opens new tab GlobalFoundries ... to expand and modernize a chip fab in Bloomington, Minnesota.