GlobalFoundries partners with Apple to enhance U.S. semiconductor manufacturing and accelerate advancements in AI-enabled technologies.
Quiver AI Summary
GlobalFoundries has announced a new partnership with Apple to enhance semiconductor technologies and promote U.S. manufacturing. This collaboration will facilitate increased investments at GlobalFoundries' Malta, New York facility, emphasizing the commitment to innovate and produce power-efficient, AI-enabled devices crucial for future mobile computing. Tim Breen, CEO of GlobalFoundries, highlighted the significance of this agreement in their long-standing partnership with Apple, focusing on manufacturing essential technologies for next-generation devices. Apple’s COO, Sabih Khan, noted that this partnership aligns with their $600 billion commitment to U.S. manufacturing, aiming to create jobs and reinforce the American supply chain. GlobalFoundries plans to invest $16 billion to further expand its manufacturing capabilities in New York and Vermont, supporting U.S. leadership in semiconductor production.
Potential Positives
- GlobalFoundries has secured a deeper collaboration agreement with Apple, which underscores the strength of their decade-long partnership and demonstrates Apple's trust in GF's technology capabilities.
- The partnership will enable GlobalFoundries to accelerate investments in its New York semiconductor manufacturing facility, contributing to U.S. manufacturing and innovation in critical technologies.
- This agreement aligns with GlobalFoundries' commitment to strengthening the U.S. supply chain and bolstering national semiconductor manufacturing, which is crucial for national security and future growth.
- The collaboration is part of Apple's broader $600 billion commitment to American manufacturing, potentially leading to job creation and economic growth in the region.
Potential Negatives
- None
FAQ
What is the recent agreement between GlobalFoundries and Apple?
GlobalFoundries has entered into a collaboration agreement with Apple to advance semiconductor technologies and enhance U.S. manufacturing capabilities.
How will this collaboration impact semiconductor manufacturing in the U.S.?
This partnership aims to strengthen U.S. semiconductor manufacturing and enhance the production of AI-enabling technologies essential for mobile computing.
What are the expected benefits of this agreement for job creation?
The agreement is part of Apple's $600 billion American Manufacturing Program, which is expected to create new jobs in the U.S.
What technologies will be developed through this collaboration?
The collaboration focuses on manufacturing critical wireless connectivity technologies and power management solutions for next-generation AI-enabled devices.
How much is GlobalFoundries investing in its facilities?
GlobalFoundries announced plans to invest $16 billion to expand semiconductor manufacturing and advanced packaging in New York and Vermont.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
MALTA, N.Y., Aug. 06, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today announced it has entered into an agreement with Apple for a deeper collaboration that will advance semiconductor technologies and strengthen U.S. manufacturing.
This partnership will enable GF to accelerate investments at its state-of-the-art semiconductor manufacturing facility in Malta, New York, underscoring a shared commitment to strengthen U.S.-based innovation and production of power-efficient, AI-enabling technologies that are essential to the future of mobile computing and intelligent devices.
“Today’s announcement is a significant milestone in our decade-long partnership with Apple, as we work together to manufacture critical wireless connectivity technologies and power management solutions, key parts of next-generation AI-enabled devices,” said Tim Breen, CEO of GlobalFoundries. “This is a testament to GF's technology differentiation, coupled with our unique secure and onshore capabilities, and the trust Apple has placed in GF to deliver and build the advanced chips that power its next-generation smart mobile technologies. This agreement builds on our prior announcements and reinforces our shared commitment to strengthening U.S. semiconductor manufacturing and building a more resilient onshore supply chain.”
“With our new American Manufacturing Program, we’re proud to partner with companies like GlobalFoundries to create new jobs and bring even more manufacturing to America,” said Sabih Khan, Apple’s chief operating officer. “This is part of our $600 billion commitment to the US over the next four years, and we couldn’t be more excited about the future of American innovation.”
In June, in collaboration with major technology partners, GF announced plans to invest $16 billion to expand semiconductor manufacturing and advanced packaging across its facilities in New York and Vermont. These efforts are supported by and aligned with the administration's bold policies, which prioritize American leadership in AI, including domestic semiconductor manufacturing for national and supply chain security.
About GF
GlobalFoundries (GF) is a leading manufacturer of essential semiconductors the world relies on to live, work and connect. We innovate and partner with customers to deliver more power-efficient, high-performance products for automotive, smart mobile devices, internet of things, communications infrastructure and other high-growth markets. With our global manufacturing footprint spanning the U.S., Europe, and Asia, GF is a trusted and reliable source for customers around the world. Every day, our talented global team delivers results with an unyielding focus on security, longevity and sustainability. For more information, visit www.gf.com .
©GlobalFoundries Inc., GF, GlobalFoundries, the GF logos and other GF marks are trademarks of GlobalFoundries Inc. or its subsidiaries. All other trademarks are the property of their respective owners.
Media Contact:
Erica McGill
GlobalFoundries
[email protected]
