How GlobalFoundries aims to remain world’s third-biggest semiconductor foundry
Publishing timestamp: 2023-10-01 09:00:01
Summary
GlobalFoundries, the world's third-largest chip foundry, is quietly manufacturing semiconductors that power nearly every connected device. While it doesn't make powerful graphics processing units (GPUs) used in AI models like ChatGPT, it focuses on manufacturing chips for power management, displays, and wireless connections. As tensions with China raise concerns over reliance on Taiwan Semiconductor Manufacturing Company (TSMC), GlobalFoundries finds itself well-positioned outside geopolitical crosshairs. The company has invested in expanding production in various countries and is going after TSMC in certain areas. GlobalFoundries' chips are considered legacy nodes but are still complex to produce. The company's main customers are Qualcomm, AMD, NXP, and Infineon, and it has exclusive deals with companies like Lockheed Martin and the U.S. Department of Defense. Automotive is one of its fastest-growing segments, while the smartphone business is decelerating.
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Keywords: new york, arm holdings plc, advanced micro devices inc, apple inc, breaking news: technology, taiwan, business news, globalfoundries inc, lockheed martin corp, malta, united states, china, stmicroelectronics nv, intel corp, generative ai, general motors co, new york city, singapore, samsung electronics co ltd, technology, nvidia corp, qualcomm inc, tower semiconductor ltd, u.s. department of defense, semiconductor manufacturing international corp, nxp semiconductors nv, infineon technologies ag, united microelectronics corp,