Turnover: 7.4 billion USD (2023)

Country: United States

American microprocessor manufacturer

One of the world's leading foundries

News

GlobalFoundries aims to expand in Germany with aid 03/10/2023

  • GlobalFoundries plans to invest $8 billion in its German plant in Dresden.
  • GlobalFoundries wants the German government to cover half the costs, i.e. around $4 billion.
  • GlobalFoundries' competitor, TSMC, has received a €5 billion subsidy from the German government to build a chip plant.
  • GlobalFoundries recently inaugurated a $4 billion plant in Singapore.
  • GlobalFoundries announced the construction of a plant in France, near Grenoble, in partnership with its competitor STMicroelectronics.
  • The German government has announced a subsidy of almost 10 billion euros for Intel, which is building a new factory in Magdeburg.