GlobalFoundries and BAE Systems Collaborate on Semiconductors for Space November 19, 2025 GF’s semiconductor technology, securely manufactured in the U.S., will be radiation-hardened by BAE Systems to withstand the harsh environment of space MALTA, N.Y., November 19, 2025 – GlobalFoundries (Nasdaq: GFS) (GF) today announced that BAE Systems will use GF’s advanced FinFET semiconductor technology in a new offering for space applications. Securely manufactured at GF’s facility in Malta, New York, this technology enables BAE Systems and others to create highly differentiated chips for electronic systems to withstand the harsh environment of space. With its new RH12™ Storefront, BAE Systems, using its intellectual property and design techniques, has created a turnkey solution to allow for the rapid development of custom radiation-hardened semiconductor solutions for space applications. These chips are manufactured using GF’s high-volume commercial 12LP FinFET technology platform that delivers excellent processing performance, secure connectivity, exceptional power efficiency and reliability for demanding applications such as space avionics and telecommunications. With integrated features for RF, low-power memory and logic, the 12LP platform enables customizable, compact designs for increasingly complex technologies that handle processing and connectivity. “Our work with BAE Systems is a tremendous example of the value GF can create using our feature-rich commercial semiconductor platforms to create new, highly differentiated chips for use in sensitive aerospace and defense systems,” said Ezra Hall, senior director of aerospace, defense and critical infrastructure at GF. “GF’s essential chips deliver the performance, reliability and yield of our commercial offerings but with custom enhancements for aerospace and defense applications and security features, enabled through our DMEA accreditation.” “Our RH12 Storefront provides a turnkey solution for customers requiring radiation-hardened 12 nanometer integrated circuits,” said Joe Dziezynski, director of Space Systems at BAE Systems. “This approach uses commercial foundry technology for space missions, qualifying not only the library components but also the process for how each of those components are designed into customer integrated circuits. Customers now have a one-stop-shop for state-of-the-art microelectronics performance to complete their missions in the harsh space environment.” BAE Systems applies radiation-hardening design techniques to enable chips to be used in space. GF is a longstanding supplier to BAE Systems and supplies chips built on its 12S0 SOI technology. The new offering on GF’s FinFET platform enables a new generation of reliable, high-performance and energy-efficient chips for space-based computing. GF’s Malta, New York facility is accredited to securely and reliably manufacture sensitive chips for BAE Systems and other aerospace and defense customers, meeting strict standards for manufacturing semiconductors used in critical land, air, sea, and space systems. Additionally, GF complies with ITAR and EAR export controls, reinforced by GF’s industry-leading GF Shield security platform. 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. About BAE Systems BAE Systems, Inc. and its nearly 41,000 people are part of a global defense, aerospace, and security company with approximately 100,000 employees worldwide. We deliver a full range of products and services for air, land, sea and space, as well as advanced electronics, intelligence, security, and IT solutions and support services. Our dedication shows in everything we do. Inspired by the exceptional, our ambitious teams design, produce, and deliver—to protect those who protect us in a high-performance, innovative, flexible, and collaborative culture. We push the limits of possibility to provide a critical advantage to our customers where it counts
GlobalFoundries Acquires Advanced Micro Foundry, Accelerating Silicon Photonics Global Leadership and Expanding AI Infrastructure Portfolio November 17, 2025 GF now the largest pure-play silicon photonics foundry, expanding global manufacturing capabilities to serve a broader customer base and meet the growing optical communication demands of AI datacenters SINGAPORE – November 17, 2025 – GlobalFoundries (NASDAQ: GFS) (GF) today announced the acquisition of Advanced Micro Foundry (AMF), a silicon photonics foundry based in Singapore, marking a pivotal step in GF’s strategy to advance innovation and its leadership in silicon photonics. This acquisition will expand GF’s silicon photonics technology portfolio, production capacity and research and development in Singapore, complementing its existing technology capabilities in the U.S. and unlocking new market opportunities with a broader set of datacenter and communication technologies. GF’s acquisition of AMF brings together AMF’s manufacturing assets, extensive intellectual property and skilled talent to significantly expand GF’s silicon photonics technology and establish the company as the largest silicon photonics pure-play foundry by revenue. Leveraging over 15 years of AMF’s manufacturing expertise, GF will address demands in long-haul optical communications, computing, LiDAR and sensing on AMF’s 200mm platform in Singapore with plans to scale to 300mm as market needs grow, ensuring reliable global supply for AI datacenters, communications and next-generation applications. As traditional copper connections reach their physical limits, silicon photonics has emerged as a breakthrough technology that uses light to transfer data between and within data centers, delivering ultra-fast, energy-efficient performance. As GF continues to expand its U.S. manufacturing capacity for silicon photonics in New York, this acquisition accelerates the ramp of our Singapore operation, enhancing supply chain resilience and enabling customers to source secure, differentiated solutions from multiple geographies. “Silicon photonics technology is essential for AI infrastructure. As data moves faster and workloads grow more complex, the ability to move information with greater speed, precision and power efficiency is now fundamental to AI datacenters and advanced telecom networks,” said Tim Breen, CEO of GF. “Acquiring AMF enables GF to deliver an expanded, and differentiated, decade-long roadmap for pluggable transceivers and co-packaged optics, while accelerating growth of photonics into adjacent markets such as automotive and quantum computing.” In line with the acquisition, GF plans to establish a silicon photonics research and development center of excellence (CoE) in Singapore. This CoE will partner with the Agency for Science, Technology and Research (A*STAR), Singapore’s lead public sector R&D agency, to advance GF’s innovation roadmap by focusing on next-generation materials for ultra-fast data transfer at 400Gbps speed. This collaboration will enhance the company’s silicon photonics platform to provide high-performance, secure data transfer solutions to our customers worldwide. “AMF and GF share a vision of innovation and close customer partnerships to deliver differentiated solutions,” said Jagadish CV, CEO of AMF. “With complementary technology portfolios, we are proud to join forces with a trusted manufacturer with global reach, and together, look forward to advancing silicon photonics technology for a broader range of markets and customers.” A slide presentation with more details can be found on GlobalFoundries’ Investor Relations website at https://investors.gf.com. About Advanced Micro Foundry Advanced Micro Foundry (AMF) Singapore is the world’s first specialty Silicon Photonics foundry. AMF offers a full spectrum of manufacturing, prototyping, and testing services, all supported by proprietary technology platforms. These platforms are enhanced by continuously evolving Process Design Kits (PDKs), which are designed in-house for applications in sectors like Telecom, Data Centers, LiDAR, and Sensors. AMF’s commitment to device innovation and excellence in delivery has been pivotal in the rapid growth of Silicon Photonics products globally. 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. Forward-looking information This press release contains forward-looking statements regarding and in connection with GF’s acquisition of AMF, including but not limited to expected market demand and growth trends for silicon photonics; product development and demand and related business strategy plans; business opportunities, partnerships and positioning; and trends and market demands in AI development. Forward-looking statements are subject to a broad variety of risks and uncertainties, including, but not limited to, potential delays or failures to integrate the acquired operations, technologies, services and personnel, to further develop the acquired business and technology and transition customers, and to perform the ongoing contractual obligations in connection with the AMF acquisition, as well as potential adverse effects or changes to relationships with customers, employees, suppliers or other parties resulting from the completion of the AMF acquisition, any of which could adversely affect our business, including current plans and operations. Readers are cautioned not to place undue reliance on any of these forward-looking statements and urged to review the risks and uncertainties discussed in our 2024 Annual Report on Form 20-F, current reports on Form 6-K and other reports filed with the Securities and Exchange Commission. These forward-looking statements speak only as of the date hereof and are based on current expectations, assumptions, estimates, forecasts, projections and limited information available at the time they are made. GF undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual outcomes, unless required by law. Media contact: Kenneth Craig GF Corporate Communications [email protected]
Powering the future: Why GF’s new agreement with TSMC is supercharging GaN innovation November 17, 2025 On Nov 11, GlobalFoundries announced a new partnership with Taiwan Semiconductor Manufacturing Company (TSMC) on gallium nitride technology to power the next generation of products for data center, industrial and automotive power applications. We sat down with Téa Williams, the Senior Vice President of the Power Business at GF, to discuss this technology agreement, why GF is doubling down on GaN and what customers can expect next. What is the technology agreement between GF and TSMC, and why does it matter? GF has entered into a technology licensing agreement with TSMC for 650V and 80V GaN power technologies. In practical terms, this enables us to accelerate development and commercialization of next‑generation GaN products for both industrial applications, like data centers, as well as consumer applications like automotive and smart mobile. For us, this partnership is a strategic step that blends TSMC’s proven process IP with GF’s GaN offerings and manufacturing scale. Not only will this agreement drive the development of our next-generation GaN chips to address power needs for mission critical applications, but it will also provide U.S.-based GaN capacity for our global customer base. Why is GaN so important right now? Traditional silicon CMOS is hitting performance limits for high‑efficiency power conversion. GaN delivers higher efficiency, greater power density, and more compact systems. This is exactly what’s needed for hyperscale data centers, electric vehicles, renewable energy systems and fast charging electronics. GaN is empowering our customers to achieve more with less energy and less space. What’s driving GF’s growing investment in GaN? We’re doubling down on GaN for three key reasons. First, the market pull is undeniable. We’re seeing exploding demand for efficient power conversion — everywhere from electric vehicles to AI data centers to power grid modernization. Second, GaN is simply the right technology for the job. Its performance hits the sweet spot for some of the toughest system requirements out there, including high voltage, high frequency, and thermal robustness. Finally, we can bring something unique to the table. We combine differentiated GaN technology with a holistic approach to reliability, all the way from process development to device performance and application integration. That means we’re delivering solutions built to thrive in harsh environments and last for the long haul. How will customers benefit from this agreement? By giving customers access to proven GaN nodes, we’re accelerating both our own roadmap and our customers’ design cycles, so that they can get their products to the market faster. As we offer advanced GaN manufacturing with U.S.-based capacity to serve global programs, we’re strengthening our domestic manufacturing capabilities. That means greater geographic diversity and stronger supply chain resilience for our customers. Will customers in the U.S. be the only ones to benefit from this? This will be beneficial to our customers from a global perspective. We are in discussion with many US and multinational customers that are eager to engage with us as we ready GaN for production. Talking about ramping GaN, I want to also mention our Kolkata Power Center in India (ex-Tagore team), which has been a critical part of our GaN strategy. This center is closely aligned with GF’s facility in Burlington. I am excited to build on the complementary skillsets between these locations to further advance GF’s research, development and leadership in GaN chip manufacturing on a global scale. Why will GaN technology be qualified and produced in Burlington, Vermont? Burlington, Vermont is a center of innovation for GaN. Our site has deep expertise in high‑voltage GaN‑on‑Silicon and is equipped to scale volume production for customers who need next‑generation power devices with the highest standards of quality and reliability. We’re excited to continue investing in these efforts, and have Burlington be the shining example of 200mm GaN Center of excellence. How does this support U.S. semiconductor leadership, and is it driven by trade policy and tariffs? This agreement is about accelerating time to market, and building a resilient, balanced manufacturing footprint here in the U.S. By qualifying advanced GaN technologies on U.S. soil, we’re strengthening the domestic supply of essential power semiconductors while serving global markets. Despite tariffs or trade policy continuing to evolve, this move is about supporting customers, boosting national competitiveness and growing the broader semiconductor ecosystem. What’s coming up next for customers? For any customers planning product launches in 2026–2027 for data centers, industrial or automotive segments, now’s the time to get involved. The Power team is collaborating closely with sales and manufacturing to plan an orderly ramp of top customers while building scale to serve the market as broadly as possible. Any final thoughts, Téa? There has never been a better time to be in Power Semiconductors! I am truly inspired about what we are building here at GF with GaN, BCD and integrated magnetics. Each of these process pillars by themselves can lead to outstanding opportunities, but when these strengths are put together, they unlock true differentiation in power product design. We live in a world where energy consumption will only matter more every day: from smartphones to massive data centers. With our innovation and ingenuity in how to contribute to more sustainable and greener power solutions, GF is creating a better future now. About the Author Téa Williams is Senior Vice President, Power Business at GlobalFoundries (GF), a position she was appointed to in 2023. She brings more than 20 years of extensive experience in strategic business development, product development, and operations management in the semiconductor industry. Before joining GF, she served as Senior Vice President of Lumentum’s 3D Sensing Business and spent 17 years at Texas Instruments in roles spanning business leadership, site management and engineering. She holds both a Bachelor of Science and a Master of Science in Electrical Engineering from the University of Arkansas as well as Executive Education from INSEAD and Harvard Business School Executive Education.
GlobalFoundries to Host Inaugural Business and Strategy Webinar November 14, 2025 MALTA, N.Y., November 14, 2025 – GlobalFoundries (NASDAQ: GFS) today announced that it will host a webinar for investors and analysts on Wednesday, December 3, 2025, at 10:00 a.m. ET. At this event, GF’s business leaders will provide a market, technical, and strategy update on the opportunities for GF across the rapidly evolving Physical AI market. The upcoming webinar will showcase how GlobalFoundries’ MIPS and ultra-low power solutions are driving the evolution of smart, autonomous, and connected devices from edge to physical AI applications. Webcast Information Presentations will be followed by a Q&A session. Interested parties may join the scheduled conference call by registering here. A webcast will be available on GlobalFoundries’ Investor Relations website at https://investors.gf.com. 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 the 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. For further information, please contact: [email protected]
GlobalFoundries Reports Third Quarter 2025 Financial Results | GlobalFoundries Inc. November 12, 2025
GlobalFoundries Licenses GaN Technology from TSMC to Accelerate U.S.-Manufactured Power Portfolio for Datacenter, Industrial and Automotive Customers November 10, 2025 Technology licensing agreement will advance development of GF’s next generation GaN technologies with products available in late 2026 MALTA, N.Y., November 10, 2025 – GlobalFoundries (Nasdaq: GFS) (GF) today announced that it has entered into a technology licensing agreement with TSMC for 650V and 80V Gallium Nitride (GaN) technology. This strategic move will accelerate GF’s next generation of GaN products for datacenter, industrial and automotive power applications and provide U.S.-based GaN capacity for a global customer base. As traditional silicon CMOS technologies hit their performance limits, GaN is emerging as the next-generation solution for meeting the increasing demand for higher efficiency, power density and compactness in power systems. GF is developing a comprehensive GaN portfolio, including high-performance 650V and 80V technologies aimed at enabling electric vehicles, datacenters, renewable energy systems and fast-charging electronics. GF’s GaN solutions are designed for harsh environments, with a holistic approach to GaN reliability that spans process development, device performance and application integration. GF will qualify the licensed GaN technology at its manufacturing facility in Burlington, Vermont, leveraging the site’s expertise in high-voltage GaN-on-Silicon technology to accelerate volume production for customers seeking next-generation power devices. Development is set for early 2026, with production to begin later in the year. “This agreement reinforces GF’s commitment to innovation and its strategic focus on differentiated technologies that address essential power devices that we use to live, work and connect,” said Téa Williams, senior vice president, power business at GlobalFoundries. “With the addition of this proven GaN technology, we will accelerate the development of our next-generation GaN chips and deliver differentiated solutions that address critical power gaps for mission critical applications from the datacenter, to the car, and to the factory floor.” 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 the 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. Forward-looking information This news release may contain forward-looking statements, which involve risks and uncertainties. Readers are cautioned not to place undue reliance on any of these forward-looking statements. These forward-looking statements speak only as of the date hereof. GF undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual outcomes, unless required by law. Media Contact: Stephanie Gonzalez [email protected]
GlobalFoundries and Silicon Labs Expand Partnership to Accelerate Wireless Connectivity Solutions and Strengthen U.S. Chip Manufacturing October 30, 2025 MALTA, N.Y. and AUSTIN, T.X., October 30, 2025 — GlobalFoundries (NASDAQ: GFS) (GF), one of the world’s leading semiconductor manufacturers, and Silicon Labs (NASDAQ: SLAB), the leading innovator in low-power wireless, today announced the expansion of their strategic partnership to advance the development of next-generation, energy-efficient wireless technologies and scale U.S.-based semiconductor manufacturing. This collaboration – the first of its kind to introduce this process technology in the United States – aims to accelerate the development and production of high-performance wireless solutions manufactured at GF’s advanced facility in Malta, New York, reinforcing U.S. semiconductor resilience. As a part of the partnership, Silicon Labs wireless system-on-chips (SoCs) will be manufactured on GF’s new 40nm Ultra Low Power platform, introduced this fall at GF’s Global Technology Summit in Silicon Valley. Based on GF’s silicon proven 40nm platform and enhanced with embedded SuperFlash technology, the 40ULP-ESF3 platform combines ultra-low standby leakage devices, high endurance and integrated analog features, making it ideal for secure, battery-powered IoT edge applications that require always-on functionality, data security and energy-efficiency. “We’re excited to deepen our strong partnership with GlobalFoundries to accelerate U.S.-based innovation in wireless connectivity,” said Matt Johnson, President and CEO, Silicon Labs. “This collaboration underscores our shared commitment to innovation and U.S. manufacturing leadership – addressing rising demand for our Series 2 products and strengthening global supply chain resilience to deliver competitive, secure and scalable wireless solutions for our customers.” “Today’s announcement marks a significant milestone in our partnership with Silicon Labs, as we work together to deliver secure, reliable wireless connectivity and power-efficient solutions for the next generation of smart consumer and industrial devices,” said Tim Breen, CEO of GlobalFoundries. “Bringing this differentiated low power technology to our New York fab expands our ability to deliver power-efficient, essential chips and underscores our commitment to secure, onshore semiconductor manufacturing.” The expanded partnership addresses the growing demand across consumer and industrial IoT applications for advanced wireless connectivity and reflects both companies’ commitment to strengthening U.S. semiconductor leadership and building a more resilient, geographically diverse supply chain. Development is underway, with production ramping over the next several years. 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. About Silicon Labs Silicon Labs (NASDAQ: SLAB) is the leading innovator in low-power wireless connectivity, building embedded technology that connects devices and improves lives. Merging cutting-edge technology into the world’s most highly integrated SoCs, Silicon Labs provides device makers with the solutions, support, and ecosystems needed to create advanced edge connectivity applications. Headquartered in Austin, Texas, Silicon Labs has operations in over 16 countries and is the trusted partner for innovative solutions in the smart home, industrial IoT, and smart cities markets. Learn more at www.silabs.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. Forward-looking information This news release may contain forward-looking statements, which involve risks and uncertainties. Readers are cautioned not to place undue reliance on any of these forward-looking statements. These forward-looking statements speak only as of the date hereof. GF undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual outcomes, unless required by law. Media Contacts: GlobalFoundries Erica McGill [email protected] Silicon Labs Sam Ponedal [email protected]
GlobalFoundries Plans Billion-Euro Investment to Expand Chip Manufacturing in Germany October 28, 2025 €1.1 billion planned investment to scale manufacturing and infrastructure in Dresden and boost Europe’s semiconductor supply chain resilience DRESDEN, Germany, 28 October 2025 – GlobalFoundries (NASDAQ: GFS) (GF) today announced plans to invest €1.1 billion to expand its manufacturing capabilities at its Dresden, Germany site. The investment will enable a production capacity increase to more than one million wafers per year by the end of 2028, making it the largest site of its kind in Europe. The expansion, known as project SPRINT, is expected to be supported by the German federal government and the State of Saxony under the framework of the European Chips Act, with EU approval for the full program expected later this year. This investment underscores Saxony’s role as a critical hub for semiconductor manufacturing and innovation and reinforces Europe’s strategic goal of supply chain resilience. As a part of the project, the facility will be upgraded to offer end-to-end European processes and data flows for critical semiconductor security requirements. Chancellor Friedrich Merz, as part of his visit to GF Dresden on 28 October, welcomed the planned investments in Germany: “The SPRINT project is a commitment to Germany as an industrial and innovation location – and above all to the sovereignty of our country and Europe. The investment in chip manufacturing in Dresden sends a signal that Germany wants to play an active role in shaping the development of the global semiconductor market. Germany already plays a leading role in microelectronics in Europe. With its national microelectronics strategy, the federal government is setting the course for further expanding this strength.” Saxony’s Minister President Michael Kretschmer adds: “The further expansion of semiconductor manufacturing here at GlobalFoundries is a clear commitment to a unique location. The billion-euro investment is more good news for Silicon Saxony, Europe’s most important microelectronics location, and demonstrates the attractiveness and dynamism of the cluster that has grown here. This will not only strengthen the Saxon economy—Germany and Europe will also benefit. After all, more chips manufactured here also means more German and European sovereignty and technological independence in this key industry. Germany’s economic vulnerability due to excessive dependencies is currently being demonstrated by the example of chip manufacturer Nexperia.” The new manufacturing capacity will focus on GF’s highly differentiated technologies – with critical performance features including low power, embedded secure memory, and wireless connectivity – all essential for meeting Europe’s chip demand for automotive, internet of things (IoT), defense and critical infrastructure applications. These sectors are being rapidly transformed by the rise of physical AI technologies for which GF’s semiconductors are essential. The investment will also support continued innovation in next-generation compute architectures and quantum technologies as they scale into the next decade. “Recent disruptions in the automotive sector underscore just how vulnerable global chip supply chains truly are. Our planned expansion in Dresden is yet another step in GF’s strategy to address these challenges head-on and deliver on our commitment to support Europe’s need for secure supply chains and differentiated technologies,” said Tim Breen, CEO of GlobalFoundries. “By scaling our manufacturing footprint in Europe, in the U.S. and around the world, GF is reinforcing its role as a resilient and trusted partner to customers in critical industries and building a foundation for the next wave of innovation as physical AI becomes reality.” Dr. Manfred Horstmann, senior vice president and general manager European fabs at GlobalFoundries, adds: “With this planned investment, we are deepening our commitment to Germany and Europe. Expanding cleanroom capacity is not just about meeting demand; it is about future-proofing Europe’s industrial base and securing local access to essential chip technologies.” “As we move toward a future defined by connected and autonomous mobility, establishing a growth-oriented semiconductor manufacturing network is essential. We therefore sincerely congratulate our partner GlobalFoundries on the planned expansion of its production site in Dresden. This investment marks a significant milestone in strengthening the resilience of the European automotive industry. It aligns fully with our strategic vision of technology leadership and our commitment to operating in the market, for the market.” Philipp von Hirschheydt, CEO, AUMOVIO SE “GlobalFoundries’ expansion in Dresden strengthens the semiconductor ecosystem, paving the way for advanced solutions in the automotive sector. GF’s technologies empower the performance, safety, and connectivity essential for next-generation mobility. This investment affirms leadership in automotive innovation and strengthens the Silicon Saxony region.” Michael Budde, President Mobility Electronics, Robert Bosch GmbH “GlobalFoundries’ expansion in Dresden strengthens the European semiconductor industry, boosting supply chain resilience for our customers right here in Europe and overall industrial resilience. It also bolsters the strong ecosystem in Saxony and strengthens our partnership.” Jochen Hanebeck, CEO, Infineon “Meeting growing demand for secure, efficient semiconductor solutions requires trusted partnerships and resilient supply strategies. Our long-standing partnership with GF is rooted in shared innovation and execution, targeted at the automotive and industrial & IoT markets. GF’s Dresden facility expansion is an important strategic step that enhances NXP’s ability to deliver differentiated technologies while reinforcing Europe’s role as vital hub for advanced semiconductor manufacturing and a resilient ecosystem.” Rafael Sotomayor, President and CEO, NXP Semiconductors “Semiconductors are the gateway between the real and digital worlds. They form the backbone of modern industrial economies. GlobalFoundries’ investment strengthens the European semiconductor ecosystem. Together we are building a robust foundation for sustained innovation and global competitiveness to accelerate our customers’ digital transformation.” Cedrik Neike, Member of the Managing Board of Siemens AG and CEO Digital Industries “As a Dresden-based deep-tech company, GlobalFoundries expansion and increased capacity enables us to accelerate the commercialization of our neuromorphic computing technologies, bringing brain-inspired AI solutions to market faster and more efficiently. In particular, the local proximity and advanced manufacturing capabilities are instrumental in supporting our ambitious growth plans and reinforcing Dresden’s role as a global hub for next-generation AI hardware.” Hector Gonzalez, CEO, SpiNNcloud GF recently joined the “Made for Germany” initiative, a coalition of companies demonstrating long-term commitment to Germany through major industrial investment. GF has invested more than €10 billion in its Dresden site since 2009, one of the largest industrial investments in the country. 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 the 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. Forward-looking information This news release may contain forward-looking statements, which involve risks and uncertainties. Readers are cautioned not to place undue reliance on any of these forward-looking statements. These forward-looking statements speak only as of the date hereof. GF undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual outcomes, unless required by law. Media contact: Marian Möbius Manager Corporate Communications EMEA E-Mail: [email protected] Telephone: 0172-5885944
GlobalFoundries Announces Chief Financial Officer Transition October 27, 2025 MALTA, N.Y., October 27, 2025 — GlobalFoundries (NASDAQ: GFS) (GF) today announced that, effectively immediately, John Hollister, GF’s Chief Financial Officer, is leaving the company for personal reasons. Sam Franklin, GF’s Senior Vice President of Business Finance, Operations and Investor Relations, will assume the position of Interim Chief Financial Officer while the company conducts a search for a permanent CFO. “We appreciate John’s valuable contributions to GF and we wish him the best. While the company determines a permanent successor, we are confident in Sam’s ability to serve as our Interim CFO given his deep experience and intimate familiarity with the company’s business, strategy and financial operations, which will be integral to facilitating a smooth transition in this role,” said Tim Breen, CEO of GlobalFoundries. “GF remains focused on our strategic priorities and delivering long-term value to our customers across end markets.” GF’s results for the quarter are expected to be within or above the previously announced guidance ranges. As planned, the company will host its conference call to review third quarter 2025 financial results on Wednesday, November 12, 2025, at 8:30 a.m. ET. Interested parties may join the scheduled conference call by registering here. About Sam Franklin Mr. Franklin is an experienced financial leader, with over 18 years in corporate finance, investment management and investment banking, and has been with GF since 2022. He brings deep institutional knowledge and extensive expertise to the role. During his Senior Vice President roles at GF, Sam’s responsibilities have included Finance Operations, Business Finance, Investor Relations, Capital Markets and Treasury. Previously, he was a Senior Vice President at Mubadala Investment Company with financial responsibilities for the Direct Investments group. 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. Forward-looking Information This news release may contain forward-looking statements, which involve risks and uncertainties. Readers are cautioned not to place undue reliance on any of these forward-looking statements. These forward-looking statements speak only as of the date hereof. GF undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual outcomes, unless required by law.
