(Reuters) – GlobalFoundries named semiconductor industry veteran John Hollister as its finance chief on Monday, replacing David Reeder, who is leaving after a three years at the contract chipmaker. Hollister,…
(Reuters) – Contract chipmaker GlobalFoundries forecast fourth-quarter profit above analysts’ estimates on Tuesday, providing the latest sign that a supply glut in the semiconductor industry was easing. The company’s shares…
(Reuters) – Contract chipmaker GlobalFoundries said on Monday it has submitted applications for funding under the U.S. CHIPS act to expand capacity and modernize its local manufacturing facilities. The CHIPS…
(Reuters) – Chipmaker GlobalFoundries and missile manufacturer Lockheed Martin on Monday announced their partnership to secure domestic semiconductor supply for defense systems. The strategic collaboration will secure manufacturing across a…
(Reuters) – GlobalFoundries Inc projected quarterly revenue below estimates on Tuesday as the chip manufacturer takes a hit from slumping sales of smartphones and other consumer electronics, sending its shares…
By Stephen Nellis and Jane Lanhee Lee (Reuters) – A planned semiconductor factory in upstate New York will likely be delayed if a bill to bolster the U.S. computer chip…