GFS·Nasdaq·US
GlobalFoundries
GlobalFoundries is a semiconductor foundry that manufactures chips for external customers across multiple fabrication sites in the United States, Europe, and Asia. Its revenue is driven primarily by wafer fabrication and related manufacturing services, with additional engineering and pre-fabrication services.
Recent Activity
Updated Oct 24, 2026
–GlobalFoundries has been selected as the technology provider and operator for two new semiconductor fabs at its Malta, New York, site under a U.S.-Japan trade deal, with Japan to invest up to $21 billion.
–The two New York fabs will be jointly owned by the U.S. government and Japanese interests and operated by GlobalFoundries, as part of Japan's $550 billion U.S. investment agreement struck by the Trump administration last year.
–GlobalFoundries says permitting is complete and early site work has begun at the Malta fab, with an initial $10 billion Japanese investment in the first phase of a two-phase program.
–A second fab could bring the program to as much as $21 billion, but stakeholders must make a go/no-go decision on that phase before the end of 2028.
–CEO Tim Breen told Bloomberg that the whole industry is currently in short supply.
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