US Awards GlobalFoundries $300 Million to Build Faster, More Efficient AI Chip Links
GlobalFoundries receives $300M US funding to advance silicon photonics, targeting 400Gb/s speeds and 5x energy efficiency for AI data centers.
GlobalFoundries receives $300M US funding to advance silicon photonics, targeting 400Gb/s speeds and 5x energy efficiency for AI data centers.
The company poured the first concrete at its Clay, New York site, marking the start of the largest semiconductor project in U.S. history.
Abu Dhabi’s Mubadala raised nearly $2 billion by selling 22 million GlobalFoundries (GFS) shares in a block trade. Mubadala retains 73% stake.
IBM will build America’s first dedicated quantum foundry with $2B backing, while GlobalFoundries launches Quantum Technology Solutions supported by a $375M CHIPS award.
The Trump administration is awarding $2 billion in grants to nine quantum computing companies, including IBM, and will take equity stakes in the firms to strengthen US tech leadership.
UMC is charging more for chips in late 2026. Demand is too high, costs are up, and your devices may get pricier.