Browsing Tag
United States Department of Commerce
6 posts
GlobalFoundries (NASDAQ: GFS) shares jump as Japan backs two proposed New York chip plants
GlobalFoundries has been selected to operate two semiconductor manufacturing facilities in New York under a US-Japan investment initiative, creating a potentially significant expansion opportunity while introducing a new government-backed financing structure.
Micron plans a record $35.16bn share buyback. Why did its stock still fall nearly 4%?
Micron Technology has expanded its share repurchase authorization to $35.16 billion, but new developments at China's ChangXin Memory Technologies are intensifying questions about future competition in the AI memory market.
IBM and US govt put $2bn behind Anderon quantum wafer foundry
IBM’s Anderon subsidiary has finalised a $1 billion US CHIPS award for a dedicated 300-millimetre quantum wafer foundry, matching approximately $1 billion of IBM investment as the quantum-computing race begins shifting from laboratory breakthroughs toward scalable manufacturing.
Quantinuum adds GlobalFoundries to quantum supply chain after $100m U.S. award
Quantinuum has finalized a $100 million CHIPS research and development award to expand U.S. trapped-ion quantum manufacturing, bringing GlobalFoundries and Monarch Quantum deeper into a supply chain that must become far more industrial before fault-tolerant systems can scale.
GlobalFoundries lifts Q3 outlook as AI photonics demand strengthens
GlobalFoundries raised its revenue outlook as AI photonics and wafer demand strengthened, but heavy investment limited free cash flow.
GlobalFoundries (GFS) secures $300m US backing for AI silicon photonics push
GlobalFoundries’ $300 million US photonics award targets AI data bottlenecks, but government equity, manufacturing yields and falling $GFS remain key tests.