GlobalFoundries announces plans to invest $16 billion to boost manufacturing and accelerate AI growth in the US.
Takeaway Points
- GlobalFoundries announces plans to invest $16 billion.
- The aim is to boost manufacturing and accelerate AI growth in the US.
- GF is partnering with major technology companies such as Apple, SpaceX, AMD, etc.
GlobalFoundries, working with the Trump Administration and with support from leading technology companies aiming to onshore critical components of their supply chain, on Wednesday announced plans to invest $16 billion to expand its semiconductor manufacturing and advanced packaging capabilities across its facilities in New York and Vermont.
Tim Breen, CEO of GlobalFoundries, commented, “At GlobalFoundries, we are proud to partner with pioneering technology leaders to manufacture their chips in the United States—advancing innovation while strengthening economic and supply chain resiliency. The AI revolution is driving strong, durable demand for GF’s technologies that enable tomorrow’s datacenters – including GF’s leading silicon photonics, as well as GaN for power applications. Meanwhile at the edge, GF’s proprietary FDX technology is uniquely positioned to support AI functionality with low power consumption. With all these technologies and more manufactured right here in the U.S., GF is proud to play its part in accelerating America’s semiconductor leadership.”
U.S. Secretary of Commerce, Howard Lutnick, said, “GlobalFoundries investment is a great example of the return of United States manufacturing for critical semiconductors. President Trump has made it a fundamental objective to bring semiconductor manufacturing home to America. Our partnership with GlobalFoundries will secure U.S. semiconductor foundry capacity and technology capabilities for future generations.”
Other Comment
Tim Cook, Apple’s CEO, added, “GlobalFoundries has supplied semiconductors for Apple products since 2010 and we’re excited to see them expand right here in the United States. These chips are an essential part of Apple products like iPhone, and they’re a powerful example of American manufacturing leadership.”
Other Announcements
According to the report, GF is partnering with major technology companies such as Apple, SpaceX, AMD, Qualcomm Technologies, Inc., NXP, and GM that are committed to reshoring semiconductor production to the U.S. and diversifying their global supply chains. These companies partner with GF to support their production of U.S.-made chips, underscoring GF’s role as a trusted supplier of essential semiconductors and a key enabler of supply chain security.
The company’s investment builds upon the company’s existing U.S. expansion plans, including more than $13 billion to expand and modernize its New York and Vermont facilities and funding for its recently launched New York Advanced Packaging and Photonics Center—the first U.S.-based facility of its kind dedicated to silicon photonics packaging, the report stated.
About GF
GlobalFoundries (GF) is a leading manufacturer of essential semiconductors the world relies on to live, work, and connect. They innovate and partner with customers to deliver more power-efficient, high-performance products for automotive, smart mobile devices, the internet of things, communications infrastructure, and other high-growth markets.
With their global manufacturing footprint spanning the U.S., Europe, and Asia, GF is a trusted and reliable source for customers around the world. Every day, their talented global team delivers results with an unyielding focus on security, longevity, and sustainability.
Source: GlobalFoundries Unveils $16B Plans to Boost AI Growth in the U.S.
