Mubadala Offloads $2 Billion GlobalFoundries Stake in Block Trade
Abu Dhabi’s Mubadala raised nearly $2 billion by selling 22 million GlobalFoundries (GFS) shares in a block trade. Mubadala retains 73% stake.
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IBM and GlobalFoundries Secure Over $1.3 Billion in CHIPS Funding to Build America’s Quantum Chip Manufacturing Base
IBM will build America’s first dedicated quantum foundry with $2B backing, while GlobalFoundries launches Quantum Technology Solutions supported by a $375M CHIPS award.
Trump Administration Awards $2 Billion to Quantum Computing Firms, Takes Equity Stakes
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.
Chip Prices Are Going Up Again: UMC Joins the Global Price Hike Wave
UMC is charging more for chips in late 2026. Demand is too high, costs are up, and your devices may get pricier.
Apple Adds Bosch, Cirrus Logic, TDK & Qnity to Boost American Production
Apple is adding Bosch, Cirrus Logic, TDK, and Qnity Electronics to its American Manufacturing Program with a $400 million investment through 2030.
GlobalFoundries Beats Expectations with Strong Q4 Results and Bullish Q1 Forecast
GlobalFoundries reports solid Q4 earnings, forecasts higher Q1 revenue driven by AI chip demand, and launches $500M buyback—shares jump 6% premarket.