Latest GlobalFoundries Stories

BOSTON, Massachusetts, July 22 /PRNewswire/ -- The SOI Industry Consortium (http://www.soiconsortium.org/) today announced the launch of SOI Simply Greener, an initiative encouraging broader application of the energy saving benefits of silicon-on-insulator (SOI) technology by the electronics industry. Semiconductor chips manufactured on SOI instead of traditional bulk silicon can realize energy savings of 30% or more when designed with the same feature size at equivalent performance....

BOSTON, Massachusetts, June 17 /PRNewswire/ -- The SOI Industry Consortium, an international group aimed at accelerating broad adoption of silicon-on-insulator (SOI) materials technology across semiconductor markets, announced today that it is reinforcing its academic and research support with the additions of three prestigious universities at the forefront of SOI applied research. Stanford University, University of California, Berkeley and Ritsumeikan University, Kyoto, Japan have all...

Anchor Tenant Will Build the World's Most Advanced Semiconductor Manufacturing Facility: Benefiting from Ideal Land Conditions, Significant Water Supply and Shovel Ready Infrastructure SARATOGA SPRINGS, N.Y., June 10 /PRNewswire/ -- Luther Forest Technology Campus Economic Development Corporation (LFTC) today announced the sale of 223 acres of land to GLOBALFOUNDRIES for the construction of Fab 2, with property remaining to build two additional fabs to meet future demand. This is the...

First quarter losses increased significantly for Advanced Micro Devices, as demand and prices for its microprocessors slumped and charges for the biggest restructuring in the company's 40-year history showed an effect, The Associated Press reported.However, Wall Street had originally projected worse.After the market closed Tuesday, AMD reported a $416 million, or 66 cents per share, loss in the opening three months of the year.But analysts said the loss would have been 62 cents per share...

IBM, Chartered, GLOBALFOUNDRIES, Infineon, Samsung and STMicroelectronics Expand Technology Agreements EAST FISHKILL, N.Y., April 16 /PRNewswire-FirstCall/ -- In a move that signals a firm and ongoing commitment to advanced semiconductor technology leadership, IBM (NYSE: IBM), Chartered Semiconductor Manufacturing Ltd. (Nasdaq: CHRT and SGX-ST: Chartered), GLOBALFOUNDRIES, Infineon Technologies (FSE/NYSE: IFX), Samsung Electronics, Co., Ltd., and STMicroelectronics (NYSE: STM) have defined...

A newly formed US chip making firm is set to invest billions of dollars in new projects and upgrades in the midst of a struggling global economy.Founded on March 2, GlobalFoundries has connections to Advanced Micro Devices (AMD). Its operations consist of from a fabrication plant based in Dresden, Germany, known as Fab 36 and Fab 38 individually when it was still part of AMD. Each module is capable of producing 25000 wafers per month. The company plans to spend $2.7 billion on upgrades to its...

Anchor Tenant Expected to be First Monumental Sale for the Corporation Behind the Most Advanced Shovel-Ready Commercial Development Site in the World SARATOGA SPRINGS, N.Y., March 4 /PRNewswire/ -- Luther Forest Technology Campus (LFTC) today announced a new corporate brand and Web destination, as it welcomes its first anchor tenant for the 1,414-acre campus. With the launch and unveiling of the newly-formed GLOBALFOUNDRIES, a partnership between Advanced Micro Devices and Advanced...

Chipmaker Advanced Micro Devices took the wraps off a long-awaited reorganization on Oct. 8, announcing a plan to spin off its manufacturing operations into a separate company that it will jointly own with investors from Abu Dhabi. The new company, Foundry Co., will be comprised of AMD's (AMD) factories in Dresden, Germany, and one yet to be built in Saratoga, N.Y. Essentially a for-hire factory, Foundry will make AMD chips under contract but also have the freedom to win business from other...

By Ashlee Vance In a drastic effort to maintain its position as the only real rival to Intel, Advanced Micro Devices said in advance of a formal announcement Tuesday that it would split into two companies, one focused on designing microprocessors and the other on the costly business of manufacturing them. In addition, the company said two Abu Dhabi investment firms would inject at least $6 billion into the new companies, mostly to finance a new chip factory that AMD intends to build near...