GlobalFoundries
GlobalFoundries Inc. (GF) is a multinational semiconductor contract manufacturing and design company incorporated in the Cayman Islands and headquartered in Malta, New York.[4] Created by the divestiture of the manufacturing arm of AMD, 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.
Company type
- Nasdaq: GFS
- Nasdaq-100 component
March 2, 2009 (as a spin-off of AMD)
Malta, New York, U.S.
Ahmed Yahia Al Idrissi
(Chairman)
Thomas Caulfield
(CEO)
Semiconductor manufacturer
US$8.1 billion (2022)
US$1.16 billion (2022)
US$1.4 billion (2022)
US$17.8 billion (2022)
US$9.9 billion (2022)
13,000 (2022)
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.[5]
[6][7] 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)[8] and one 300 mm plant in Malta, New York.[9]
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).[10][11]
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.[12]
Mergers and acquisitions[edit]
Chartered Semiconductor[edit]
The majority investor of GlobalFoundries, Abu Dhabi's Advanced Technology Investment Co., announced on September 6, 2009, that it has agreed to acquire Singapore-based Chartered Semiconductor Manufacturing Co. Ltd., for a total of $3.9 billion, with Chartered's operations being folded into GlobalFoundries.[69]
Chartered Semiconductor is a member of the Common Platform, IBM's semiconductor technology alliance. GlobalFoundries is a JDA partner of Common Platform Technology Alliance.
