GlobalFoundries announces acquisition of Synopsys' ARC Processor IP Solutions to accelerate Physical AI development and expand RISC-V capabilities for next-gen applications.
Wedbush cuts GlobalFoundries to Neutral, lowering its price target to $40 as weak auto and industrial demand delays recovery catalysts.
GlobalFoundries (GFS) reports increased Q3 profit with improved margins through better product mix, despite lower revenue. Fourth-quarter outlook exceeds analyst expectations.
The US 1:1 Chip Plan forces companies to match imported chips with US production (1:1 ratio). If they fail, they face tariffs. This aims to secure national supply chains and stop relying on vulnerable overseas manufacturing, like Taiwan, for essential products.
US President Trump's 100% chip tariffs feature key exemptions for companies manufacturing domestically, benefiting giants like TSMC, Samsung, and Apple with their significant US investments.
