Browsing Tag
United States Department of Commerce
2 posts
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.