The award will lead to the creation of approximately 10,500 construction and manufacturing jobs in New York and Vermont
Globalfoundries
Latest in Globalfoundries
FDI
TSMC in the UAE: What we can learn from Germany’s semiconductor FDI coup
The semiconductor supply chain security is considered a matter of national security, particularly with the rise of AI, which makes the news all the more interesting
China
President Biden provides American chip makers $52.7 billion war chest to fight China
After signing the CHIPS and Science Act in the presence of industry bosses, Biden calls it a “a once-in-a-generation investment in America itself”
Globalfoundries
Chipmaker GlobalFoundries, Mubadala, raise $2.6bn in US IPO
Mubadala will control more than 89 percent of the company’s shares following the IPO
Globalfoundries
GlobalFoundries, Mubadala seek to raise up to $2.6bn in IPO
Chipmaker is marketing 33 million shares while Abu Dhabi’s Mubadala plans to sell 22 million shares
Globalfoundries
Abu Dhabi’s GlobalFoundries files for an IPO, capitalising on chip boom
Company listed the size of its offering as $1 billion – a placeholder that will change when terms of the share sale are set
Amazon
GlobalFoundries CEO says chipmaker sticking to 2022 IPO plan
GlobalFoundries Inc., a chipmaker owned by an investment arm of the Abu Dhabi government, is sticking with its plan for an initial public offering next year, according to Chief Executive Officer Tom Caulfield
Globalfoundries
Abu Dhabi-controlled GlobalFoundries and partners invest $4bn in Singapore chip plant
When completed, GlobalFoundries’s Singapore facility should primarily serve smartphone and auto demand
Globalfoundries
GlobalFoundries taps Morgan Stanley for jumbo IPO
GlobalFoundries is backed by Abu Dhabi sovereign fund Mubadala Investment Co. Mubadala had started preparations for a U.S. IPO of the company and is in discussions with potential advisers
Globalfoundries
UAE’s Mubadala said to eye $20bn US IPO for chipmaker business
Sources say Mubadala has started preparations for initial public offering of GlobalFoundries
Abu Dhabi
Abu Dhabi’s Globalfoundries sues iPhone chipmaker rival over patent infringement
Globalfoundries – owned by Abu Dhabi’s sovereign wealth fund Mubadala – is seeking an import ban on iPhone parts