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Hub AI
GlobalFoundries AI simulator
(@GlobalFoundries_simulator)
Hub AI
GlobalFoundries AI simulator
(@GlobalFoundries_simulator)
GlobalFoundries
GlobalFoundries Inc. is a multinational semiconductor contract manufacturing and design company located in the Cayman Islands and headquartered in Malta, New York. Created by the divestiture of the manufacturing arm of AMD in March 2009, the company was privately owned by Mubadala Investment Company, a sovereign wealth fund of the United Arab Emirates, until an initial public offering (IPO) in October 2021. Mubadala remains the majority owner of the company with an 82% stake.
The company manufactures integrated circuits on wafers designed for markets such as smart mobile devices, automotive, aerospace and defense, consumer internet of things (IoT) and for data centers and communications infrastructure.
As of 2023, GlobalFoundries is the third-largest semiconductor foundry by revenue. It is the only one with operations in Singapore, the European Union, and the United States: one 200 mm and one 300 mm wafer fabrication plant in Singapore; one 300 mm plant in Dresden, Germany; one 200 mm plant in Essex Junction, Vermont (where it is the largest private employer) and one 300 mm plant in Malta, New York.
GlobalFoundries is a "Trusted Foundry" for the U.S. federal government and has similar designations in Singapore and Germany, including certified international Common Criteria standard (ISO 15408, CC Version 3.1).
On October 28, 2021, the company sold shares in an IPO on the Nasdaq stock exchange at US$47 each, at the higher end of its targeted price range, and raised about US$2.6 billion.
On 7 October 2008 Advanced Micro Devices (AMD) announced it planned to go fabless and spin off their semiconductor manufacturing business into a new company temporarily called The Foundry Company. Mubadala announced their subsidiary Advanced Technology Investment Company (ATIC) agreed to pay $700 million to increase their stake in AMD's semiconductor manufacturing business to 55.6 percent (up from 8.1 percent). Mubadala would invest $314 million for 58 million new shares, increasing their stake in AMD to 19.3 percent, and $1.2 billion of AMD's debt would be transferred to The Foundry Company. On 8 December 2008 amendments were announced: AMD would own approximately 34.2 percent and ATIC would own approximately 65.8 percent of The Foundry Company.
On 4 March 2009 GlobalFoundries was officially announced. On 7 September 2009 ATIC announced it would acquire Chartered Semiconductor, based in Singapore, for S$2.5 billion (US$1.8 billion) and integrate Chartered Semiconductor into GlobalFoundries. On 13 January 2010 GlobalFoundries announced it had finalized the integration of Chartered Semiconductor.
On 4 March 2012 AMD announced they divested their final 14 percent stake in the company, which concluded AMD's multi-year plan to divest its manufacturing arm.
GlobalFoundries
GlobalFoundries Inc. is a multinational semiconductor contract manufacturing and design company located in the Cayman Islands and headquartered in Malta, New York. Created by the divestiture of the manufacturing arm of AMD in March 2009, the company was privately owned by Mubadala Investment Company, a sovereign wealth fund of the United Arab Emirates, until an initial public offering (IPO) in October 2021. Mubadala remains the majority owner of the company with an 82% stake.
The company manufactures integrated circuits on wafers designed for markets such as smart mobile devices, automotive, aerospace and defense, consumer internet of things (IoT) and for data centers and communications infrastructure.
As of 2023, GlobalFoundries is the third-largest semiconductor foundry by revenue. It is the only one with operations in Singapore, the European Union, and the United States: one 200 mm and one 300 mm wafer fabrication plant in Singapore; one 300 mm plant in Dresden, Germany; one 200 mm plant in Essex Junction, Vermont (where it is the largest private employer) and one 300 mm plant in Malta, New York.
GlobalFoundries is a "Trusted Foundry" for the U.S. federal government and has similar designations in Singapore and Germany, including certified international Common Criteria standard (ISO 15408, CC Version 3.1).
On October 28, 2021, the company sold shares in an IPO on the Nasdaq stock exchange at US$47 each, at the higher end of its targeted price range, and raised about US$2.6 billion.
On 7 October 2008 Advanced Micro Devices (AMD) announced it planned to go fabless and spin off their semiconductor manufacturing business into a new company temporarily called The Foundry Company. Mubadala announced their subsidiary Advanced Technology Investment Company (ATIC) agreed to pay $700 million to increase their stake in AMD's semiconductor manufacturing business to 55.6 percent (up from 8.1 percent). Mubadala would invest $314 million for 58 million new shares, increasing their stake in AMD to 19.3 percent, and $1.2 billion of AMD's debt would be transferred to The Foundry Company. On 8 December 2008 amendments were announced: AMD would own approximately 34.2 percent and ATIC would own approximately 65.8 percent of The Foundry Company.
On 4 March 2009 GlobalFoundries was officially announced. On 7 September 2009 ATIC announced it would acquire Chartered Semiconductor, based in Singapore, for S$2.5 billion (US$1.8 billion) and integrate Chartered Semiconductor into GlobalFoundries. On 13 January 2010 GlobalFoundries announced it had finalized the integration of Chartered Semiconductor.
On 4 March 2012 AMD announced they divested their final 14 percent stake in the company, which concluded AMD's multi-year plan to divest its manufacturing arm.