Neowin News Feed for: Globalfoundries

U.S. chipmakers receive $52.7 billion as President Biden signs the CHIPS and Science Act

Anushe Fawaz — Tue, 09 Aug 2022 18:28:02 +0000

President Joe Biden has signed the U.S. CHIPS and Science Act that provides subsidies worth $52.7 billion for the country's chip manufacturing industry and helping it compete against China. Read more...

Intel reportedly wants to buy GlobalFoundries, the fab once part of AMD

Sayan Sen — Fri, 16 Jul 2021 03:48:02 +0000

Intel reportedly wants to acquire GlobalFoundries according to a new report. Apparently, the company is currently exploring the possible options and the deal could go through for a sum of $30 billion. Read more...

AMD partners with TSMC for 7nm chips as GlobalFoundries stops working on the tech

João Carrasqueira — Tue, 28 Aug 2018 16:12:01 +0000

AMD has announced it will work with TSMC to produce its 7nm chips, while GlobalFoundries says it will stop working on 7nm technology due to high cost and inability to keep up with competitors. Read more...

Tesla may be working with AMD on AI chip for cars

Paul Hill — Thu, 21 Sep 2017 08:56:01 +0000

Tesla and AMD may be working together in order to build and AI chip intended for Tesla's self-driving cars. A source near the project has said Tesla received samples of the chip and is doing tests. Read more...

IBM to pay Globalfoundries $1.5 billion to sell off its chip business

Shreyas Gandhe — Mon, 20 Oct 2014 21:12:01 +0000

In order to focus on semiconductor research and development of cloud, mobile and big data systems, IBM has decided to transfer its chip manufacturing business to Globalfoundries. Read more...

AMD drastically cuts its chip orders as its PC sales decline

John Callaham — Sun, 09 Dec 2012 00:30:00 +0000

AMD has announced it will only buy $115 million of processor chip wafers from Globalfoundries in the fourth quarter of 2012, a massive decrease compared to its previous plan of paying $500 million. Read more...

AMD loses $590 million; still says it had "solid results"

John Callaham — Fri, 20 Apr 2012 20:29:53 +0000

AMD announced that it lost $590 million in its last fiscal quarter but added that it still had "solid results" as the results included a one time accounting charge of $703 million. Read more...

Globalfoundries buys out AMD's remaining shares

John Callaham — Mon, 05 Mar 2012 13:10:15 +0000

Globalfoundries, the company that once was a part of AMD's chip manufacturing business, has now bought back its remaining shares from AMD to become a true independent foundry. Read more...