GlobalFoundries Appoints Ganesh Moorthy to Board of Directors January 15, 2026 Seasoned semiconductor industry leader brings decades of operational and strategic expertise to GF’s Board MALTA, N.Y., January 15, 2026 – GlobalFoundries (Nasdaq: GFS) (GF) today announced the appointment of Ganesh Moorthy to its board of directors. Mr. Moorthy, former president and CEO of Microchip Technology Inc., joins GF’s Board, effective immediately. Mr. Moorthy brings more than four decades of experience in the semiconductor industry, including transformative leadership at Microchip Technology, where he served as CEO, president and board member until his retirement in November 2024. He was appointed CEO and president in March 2021 and joined Microchip’s Board of Directors in January 2021. Prior to that, he held senior leadership roles at Microchip including COO and executive vice president. Earlier in his career, Mr. Moorthy spent 19 years at Intel in engineering and executive leadership positions, building deep expertise across manufacturing, product innovation and customer-driven execution. “Ganesh’s deep understanding of semiconductor technology, manufacturing at scale and corporate growth will be a tremendous asset to GF as we continue to execute our strategy and expand our leadership in essential semiconductor technologies,” said Dr. Thomas Caulfield, Executive Chairman of GlobalFoundries. “His leadership experience will help us accelerate innovation and strengthen GF’s role as a trusted partner delivering essential technologies that bring intelligence into the real world.” “GlobalFoundries is uniquely positioned to bring intelligence to everyday devices through differentiated, power-efficient semiconductors manufactured at scale,” said Ganesh Moorthy. “I’m excited to work with Tom, Tim and the Board to advance GF’s strategy, deepen customer partnerships and accelerate delivery of the technologies customers need to turn innovation into real-world impact.” Currently, Mr. Moorthy serves as Chair of the Board of Ralliant, a global precision technologies company essential for breakthrough innovation in an electrified and digital world. He also serves on the Board of Directors of Celanese, SiTime and Ayar Labs, a leader in optical interconnect solutions for large-scale AI workloads. Previously, he served for over a decade on the board of Rogers, a global leader in engineered materials. Mr. Moorthy’s appointment reinforces GF’s commitment to advance its long-term growth strategy through a resilient manufacturing footprint that delivers power-efficient, differentiated technologies to customers worldwide. More information about GF’s Board of Directors can be found here. 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 and diverse 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. Media Contact: Erica McGill [email protected]
GlobalFoundries to Acquire Synopsys’ Processor IP Solutions Business, Expanding Capabilities to Accelerate Physical AI Applications January 14, 2026 Acquisition will strengthen GF’s leadership in Physical AI, enhances compute capabilities, expands company’s RISC-V and AI portfolio and software tools and accelerates custom silicon development MALTA, N.Y., January 14, 2026 – GlobalFoundries (Nasdaq: GFS) (GF) today announced its execution of a definitive agreement to acquire Synopsys’ ARC Processor IP Solutions business, including its teams of engineers and designers. This strategic move will accelerate GF’s and MIPS physical AI roadmap and strengthen their capabilities in custom silicon solutions. The proposed acquisition includes the ARC-V, ARC-Classic, ARC VPX-DSP and ARC NPX NPU product lines as well as the applications-specific instruction set (ASIP) processor tools including ASIP Designer and ASIP Programmer. Upon closing, these assets and expert teams will be integrated with MIPS, a GlobalFoundries company, to deliver a comprehensive processor IP suite, especially tailored for physical AI applications. The expanded offering will enhance engagement through IP licensing and software, enabling faster time-to-market for GF’s customers. The integration of Synopsys’ ARC technologies, which includes high-performance, mid-range and ultra-low power compute and AI cores, will enable scalable, energy-efficient processing solutions. With a strong patent portfolio, a global customer network and proven engineering expertise, this acquisition will accelerate innovation and enhance capabilities to deliver solutions for wearables, robotics, AI-driven consumer applications and advanced AI silicon. “This acquisition doubles down on our commitment to advancing our leadership in Physical AI. By combining Synopsys’ ARC IP and MIPS technologies with GF’s advanced manufacturing capabilities, we are lowering the barrier for customer adoption of the essential technologies that our customers need to innovate faster for the next generation of compute and AI applications,” said Tim Breen, CEO of GlobalFoundries. “This move will strengthen our differentiated technology roadmap and position GF to deliver end-to-end solutions for our customers that will support the expansion of AI-enabled devices into the physical world.” Synopsys will retain and continue to grow its broad design IP portfolio spanning logic libraries, embedded memories, interface IP, security IP and subsystems. “This transaction enhances the focus of Synopsys’ IP business on furthering our leadership in essential interface and foundation IP while winning new, high-value opportunities that advance our position as the leading provider of engineering solutions from silicon to systems,” said Sassine Ghazi, president and CEO of Synopsys. “GF will be an excellent future steward for the processor IP solutions business, enabling customers worldwide to benefit from continued, strong competition in the development and delivery of processor IP solutions.” The acquisition of Synopsys’ ARC and ARC-V Processor IP Solutions business is subject to the satisfaction of customary closing conditions, including the receipt of required regulatory approvals, and is expected to be completed in the second half of calendar year 2026. Following the acquisition, GF will work closely with Synopsys to ensure a seamless transition for employees, customers and partners. 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 and diverse team delivers results with an unyielding focus on security, longevity and sustainability. For more information, visit www.gf.com. About MIPS MIPS, a GlobalFoundries company, is a leading provider of RISC-V IP and software for physical AI platforms. Our innovations deliver standards-based computing platforms developed with our customers’ software-first solutions. MIPS technology enables the adoption of AI in real-time, event-driven products for high-growth markets such as aerospace, automotive, defense, embedded computing, enterprise infrastructure, and industrial robotics. As part of the GlobalFoundries family, we deliver RISC-V at foundry scale and enable Physical AI to be built on MIPS. For more information visit MIPS.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 contains forward-looking statements regarding the combination of GF’s MIPS business with Synopsys’ Processor IP Solutions business, which involve risks and uncertainties. Such risks and uncertainties include, but are not limited to, the expected timing of the transaction, failure to satisfy the conditions to closing of the transaction, and the potential benefits of the transaction. 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. 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: Erica McGill [email protected]
GlobalFoundries Continues Presenting Sponsorship of FIRST LEGO League in Vermont for 2025-2026 Season December 30, 2025 GF to host the state championship event at its Essex Junction facility for the second consecutive year Essex Junction, Vt., Dec. 29, 2025 –GlobalFoundries (Nasdaq: GFS) is proud to reaffirm its role as the presenting sponsor of the FIRST® LEGO® League (FLL) program in Vermont for the 2025–2026 season. This ongoing partnership reflects GF’s deep commitment to community engagement, advancing K–12 STEM education and fostering future workforce development. For the second year in a row, GF will host the FLL Vermont State Championship at its Essex Junction facility on Saturday, Jan. 17, 2026, supported by dedicated GF volunteers, underscoring the company’s strong ties to the local community. This renewed sponsorship reinforces GF’s longstanding relationship with the FIRST organization in Vermont, where GF employees actively mentored FIRST teams across local communities, contributing more than 2,500 volunteer hours last year. By continuing as the FLL Presenting Sponsor, GF affirms its commitment to cultivating a vibrant STEM ecosystem and inspiring the next generation of innovators and problem-solvers. “We are excited to continue our role as the presenting sponsor for FIRST LEGO League in Vermont for the 2025-2026 season,” said Ken McAvey, senior vice president and general manager of Vermont Operations and Global Facilities at GF. “Year after year, our employees invest their time and expertise as mentors and volunteers, helping students ignite their passion for STEM. Last year, we proudly welcomed more than 800 students, coaches, parents, community members, volunteers and STEM enthusiasts to our site for the state championship. Hosting this event for the second consecutive year is a testament to our unwavering commitment. Supporting FIRST is an investment in the future semiconductor workforce, and we’re excited to once again empower students to pursue careers in technology and innovation, where they can help us shape what’s essential.” FIRST LEGO League (FLL) Challenge, which serves students in grades 4-8 throughout Vermont, has seen significant growth. In the 2024-2025 season, Vermont hosted 60 FLL Challenge teams statewide, and projections for the current season estimate over 74 teams. This growth is made possible through the collaboration between GF and FIRST in Vermont. FIRSTinVT is a non-profit organization dedicated to establishing and enhancing FIRST teams at all program levels by building sustainable relationships between teams and community partners. “GF’s renewed sponsorship opens the door for even more Vermont students to participate in the FIRST LEGO League program and develop skills that will last a lifetime,” said Joseph Chase, Vermont FLL program delivery partner. “Together, we’re broadening access and deepening the impact of STEM education across our state. We’re excited to host the championship event at GF for the second year in a row and can’t wait to see the incredible achievements of those students. This partnership is about building a strong foundation for the leaders and innovators of tomorrow.” GF’s Essex Junction facility, located near Burlington, is a cornerstone of American semiconductor manufacturing and home to approximately 1,800 employees. GF-made chips produced here support a wide range of applications, from smartphones and automobiles to communications infrastructure worldwide. About FIRST LEGO League FIRST® LEGO® League guides youth through STEM learning and exploration at an early age. From Discover, to Explore, and then to Challenge, students will understand the basics of STEM and apply their skills in an exciting competition or exhibition while building habits of learning, confidence, and teamwork skills along the way. About GFGlobalFoundries (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 unwavering 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. Contact: Gina DeRossi GF [email protected] 518-491-5965
onsemi to Develop Next-Generation GaN Power Devices with GlobalFoundries December 18, 2025 Collaboration expands onsemi’s power portfolio to include high-performance 650V lateral GaN solutions for AI data centers, automotive, aerospace, and other critical markets SCOTTSDALE, Ariz., and MALTA, N.Y., Dec. 18, 2025 – onsemi (Nasdaq: ON) today announced it has signed a collaboration agreement with GlobalFoundries (Nasdaq: GFS) (GF) to develop and manufacture advanced gallium nitride (GaN) power products using GF’s state-of-the-art 200mm eMode GaN-on-silicon process, starting with 650V. This collaboration accelerates onsemi’s roadmap for high-performance GaN devices and integrated power stages, expanding its portfolio with high-voltage products to meet the growing power demands of AI data centers, electric vehicles, renewable energy, industrial systems, and aerospace, defense and security.“This collaboration brings together onsemi’s system and product expertise with GlobalFoundries’ advanced GaN process to deliver new 650V power devices for high-growth markets. Paired with our silicon drivers and controllers, these GaN products will enable customers to innovate and build smaller, more efficient power systems for AI data centers, EVs, space applications, and beyond. We are on track to begin providing samples to customers in the first half of 2026, and scale rapidly to volume production.” – Dinesh Ramanathan, Senior Vice President of Corporate Strategy, onsemi.“By combining our 200mm GaN-on-Si platform and U.S.-based manufacturing with onsemi’s deep system and product expertise, we’re accelerating high-efficiency solutions and building resilient supply chains for data centers, automotive, industrial, aerospace and defense, and other critical markets. With onsemi as a key partner, we will continue to advance GaN semiconductors that meet the evolving demands of AI, electrification, and sustainable energy.” – Mike Hogan, Chief Business Officer, GlobalFoundries.onsemi will pair its industry-leading silicon drivers, controllers, and thermally enhanced packages with GF’s 650V GaN technology platform to deliver optimized GaN devices with higher power density and efficiency. These include power supplies and DC-DC converters for AI data centers, onboard chargers and DC-DC converters for electric vehicles, solar microinverters and energy storage systems, motor drives and DC-DC converters, for industrial and aerospace, defense, and security applications.This effort expands onsemi’s leading power semiconductor portfolio, which now includes the full spectrum of GaN technologies – from low, medium and high voltage lateral GaN to ultra high-voltage vertical GaN – enabling system designers to build next-generation power architectures that deliver more power in smaller footprints. These GaN advantages include: Higher Frequency Operation – By operating at higher switching frequencies, GaN allows designers to reduce component count, system size, and cost while improving efficiency and thermal performance. Bidirectional Capability – Bidirectional GaN capabilities enable entirely new topologies that can replace up to four traditional unidirectional transistors, cutting costs and simplifying designs. Integrated Functionality – Combining GaN FETs with drivers, controllers, isolation, and protection in a single package allows for faster design cycles and lower electromagnetic interference. The thermally enhanced packages and optimized gate drivers push performance and reliability even at high switching speeds. Timing and Availabilityonsemi will begin sampling in the first half of 2026.About onsemionsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on automotive and industrial end-markets, the company is accelerating change in megatrends such as vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure. onsemi offers a highly differentiated and innovative product portfolio, delivering intelligent power and sensing technologies that solve the world’s most complex challenges and leads the way to creating a safer, cleaner and smarter world. onsemi is included in the Nasdaq-100 Index® and S&P 500® index. Learn more about onsemi at www.onsemi.com. onsemi and the onsemi logo are trademarks of Semiconductor Components Industries, LLC. All other brand and product names appearing in this document are registered trademarks or trademarks of their respective holders. Although the Company references its website in this news release, information on the website is not to be incorporated herein. About GFGlobalFoundries (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 unwavering focus on security, longevity and sustainability. For more information, visit www.gf.com Contact: onsemiMichael Mullaney[email protected] GlobalFoundriesStephanie Gonzalez[email protected]
GlobalFoundries Accelerates and Strengthens Europe’s Semiconductor Ecosystem through Strategic Partnership with Cloudberry December 18, 2025 Collaboration to deepen Europe’s innovation ecosystem and provide startups early access to advanced manufacturing platforms to accelerate innovation DRESDEN, Germany — December 18, 2025 — GlobalFoundries (NASDAQ: GFS) (GF) today announced a partnership with Finnish venture capital firm Cloudberry to accelerate and strengthen Europe’s semiconductor and photonics startup ecosystem. The collaboration includes GF’s participation as a limited partner in Cloudberry’s new fund and its commitment to provide technology expertise and resources that help emerging companies accelerate innovation from concept to industrial scale.Through its partnership with Cloudberry, GF gains direct access to Europe’s emerging semiconductor and photonics startups—from university spin-offs to seed and Series A ventures. This early engagement helps deepen the ecosystem by allowing GF to synchronize its technology roadmap with innovative applications and collaborate within promising markets such as autonomous vehicles, Physical AI, Industry 4.0 and next generation communications. As a strategic investor in Cloudberry’s newly launched dedicated venture fund, GF strengthens its support for the next generation of European semiconductor leaders. This collaboration provides GF with early insight into breakthrough innovations, aligning its expertise with future market needs and actively bridging the gap between academic research, early prototypes and volume production. As one of the world’s leading manufacturers of essential semiconductors, GF offers differentiated platforms such as FDX, RF technologies, Silicon Photonics and power devices optimized for automotive, industrial, IoT AI and consumer applications. Startups supported through Cloudberry will gain structured engagement with GF’s technology teams and design resources—reducing time-to-market while accelerating growth. “GlobalFoundries’ market-leading, highly specialized chip technologies are built on innovation and collaboration,” said Manfred Horstmann, General Manager and Senior Vice President at GlobalFoundries Dresden. “By partnering with Cloudberry, we are accelerating and deepening Europe’s semiconductor ecosystem, working closely with early-stage startups to gain insight into emerging innovations and deliver tailored solutions that help them scale quickly, giving them a competitive advantage when they enter the market.” “We see this partnership as the beginning of a long-term initiative to further strengthen the European semiconductor ecosystem,” said Veera Pietikäinen, founding partner at Cloudberry. “Europe has world-class talent and deep technological expertise in semiconductors and photonics, and companies like GF have already made significant investments to develop and scale that expertise. Building on this foundation, we are creating a specialized platform to help these companies grow even further, thereby reinforcing Europe’s technological sovereignty.” 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 unwavering 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. About Cloudberry Cloudberry is Europe’s first dedicated venture capital firm investing in semiconductors, photonics and advanced materials. Backed by strategic investors, including GlobalFoundries, a leading manufacturer of essential semiconductors, and Radiant, a global leader in photonics, Cloudberry offers specialised support to help Europe’s best semiconductor startups scale. More information at cloudberry.vc. 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. Contact: GF: Marian Möbius EMEA Corporate Communications [email protected] 0172-5885944 Cloudberry: René Kromhof Founding Partner [email protected]
Siemens and GlobalFoundries Collaborate to Deploy AI-Driven Manufacturing to Strengthen Global Semiconductor Supply December 11, 2025 Strategic collaboration to enhance performance of semiconductors and other advanced industries based on both companies’ AI-based capabilities Centralized AI-enabled automation, predictive maintenance, advanced energy and building automation solutions will make next-generation semiconductor production more efficient, secure and reliable Agreement focuses on critical infrastructure in semiconductor manufacturing as well as broader applications for artificial intelligence, robotics and connectivity MUNICH, December 11, 2025 – Siemens and GlobalFoundries (Nasdaq: GFS)(GF) have entered a new strategic collaboration to leverage each company’s complementary AI-based capabilities to enhance performance of semiconductor manufacturing and advanced industries – making operations more efficient, secure and reliable. In their latest memorandum of understanding, the companies focus on automation technologies for semiconductor fabrication (fab automation), electrification, digital solutions and software ranging from chip development to product lifecycle management. A key element of the new strategic collaboration is deployment of advanced AI-enabled software, sensors and real-time control systems in fab automation to meet the growing demand for reliable semiconductors and autonomous platforms. Through centralized automation and predictive maintenance, GF and Siemens aim to increase equipment availability and operational efficiency in chip production while building capabilities that can be extended to other advanced industries. The companies intend to develop and deploy new solutions within their own operations to deliver enhanced offerings. This expanded collaboration comes at a time of unprecedented demand for essential semiconductors and autonomous platforms in critical areas such as artificial intelligence, defense, energy and connectivity. By teaming up and bringing new capabilities, Siemens and GF can support accelerated growth, better security and reliability and broaden their impact across the industry. “Our economy runs on Silicon – one wafer at a time. Chips are critical for applications like robotics or connectivity and for bringing AI into the physical world and industry. We are collaborating to make global semiconductor supply chains more resilient and to enable efficient localized manufacturing around the world,” said Cedrik Neike, Member of the Managing Board of Siemens AG and CEO Digital Industries. “Secure, locally manufactured semiconductors are at the core of the AI transition – from cloud to the physical world, bringing intelligence into devices we use every day and enabling applications we couldn’t imagine a few years ago,” said Tim Breen, CEO of GlobalFoundries. “Our unique collaboration with Siemens allows us to go faster – to build the technologies that make this possible – differentiated, energy-efficient, connected and secure chips across a wide range of next-generation applications.” Siemens brings a comprehensive suite of industrial, energy & building automation and digitalization technologies including advanced software for chip design & manufacturing, fab automation, and product lifecycle management. Utilizing Siemens’ suite of solutions, GF and Siemens will enable seamless collaboration across the entire semiconductor lifecycle and deliver high performance and reliable semiconductor solutions at scale. GF, together with MIPS, a GF company and global leader in RISC-V processor IP, brings unique process technology and design capabilities to accelerate the development and manufacturing of tailored solutions that support Siemens goal of enabling autonomous platforms and physical AI chips at scale. The publicly listed U.S. company operates manufacturing facilities in the USA, Asia, and Europe. In Dresden, GlobalFoundries runs Europe’s largest semiconductor production site with around 3,000 employees. This press release is available at https://sie.ag/71Fvm3 Contact for journalists Wolfram Trost Phone: +49 174 1551859; email: [email protected] Stephanie Gonzalez [email protected] 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 unwavering focus on security, longevity and sustainability. For more information, visit www.gf.com. About Siemens AG Siemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, mobility, and healthcare. By combining the real and the digital worlds, Siemens empowers customers to accelerate their digital and sustainability transformations, making factories more efficient, cities more livable, and transportation more sustainable. A leader in industrial AI, Siemens leverages its deep domain know-how to apply AI – including generative AI – to real-world applications, making AI accessible and impactful for customers across diverse industries. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a leading global medical technology provider pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably. In fiscal 2025, which ended on September 30, 2025, the Siemens Group generated revenue of €78.9 billion and net income of €10.4 billion. As of September 30, 2025, the company employed around 318,000 people worldwide on the basis of continuing operations. Further information is available on the Internet at www.siemens.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.
GlobalFoundries Appoints Sam Franklin as Chief Financial Officer December 10, 2025 Franklin’s proven financial leadership and strategic expertise will support GF’s continued growth and profitability MALTA, N.Y., Dec. 10, 2025 – GlobalFoundries (GF) today announced that its Board of Directors has appointed Sam Franklin as Chief Financial Officer, effective immediately. Mr. Franklin previously served as Senior Vice President of Business Finance & Operations and Investor Relations and recently Interim CFO. “We are delighted to have Sam formally appointed as CFO,” said Tim Breen, CEO of GF. “His proven leadership and financial expertise will accelerate GF’s momentum and capitalize on the significant opportunities ahead. As we continue to drive profitability and deliver differentiated technologies for the scaling of AI from the data center to the physical world, Sam’s ability to deliver results and partner across the organization will be critical to our success.” Franklin brings extensive financial leadership experience and a proven track record of driving operational excellence and strategic growth. He joined GF in 2022 and has held senior roles overseeing finance operations, business finance, investor relations, capital markets and treasury. His deep understanding of GF’s business and commitment to disciplined financial management position him to lead the company’s finance and operations organization as GF continues to execute its long-term strategy. “I am thrilled to take on this role and support the acceleration of GF’s mission to deliver essential chip technologies to our customers,” said Franklin. “As the secular drivers and demand for semiconductors continue to ramp, GF is building a strong foundation for its next phase of robust, sustainable and profitable growth. I look forward to working with our talented teams across the world to advance our strategic priorities, drive operational excellence and create long-term value for our shareholders.” 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 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: Erica McGill [email protected]
The sixth sense of automotive safety: How radar is guiding the future of driving December 9, 2025 Sneha Narnakaje, General Manager, Automotive With driver and passenger safety on the line, vehicles need high-performance systems that never compromise. That’s why advanced driver-assistance systems (ADAS) have become a co-pilot in modern car architecture, safely guiding the journey to every destination. Central to ADAS is radar technology. Whether it’s emergency braking in a split second or adaptive cruise control to ease a highway drive, radar provides the precision and reliability that vehicles, drivers and passengers count on. While cameras or LiDAR can often falter against the elements, radars excel no matter the forecast – snow, rain, or fog. The road ahead relies on radar Radar technology is the primary sensing modality driving us toward the future of smarter and more autonomous vehicles. Automotive radar is projected to grow from $5.36 billion in 2025 to $22.83 billion by 2032, a compound annual growth rate of 23 percent. According to McKinsey & Company, the radar sensor market is also growing by 13 percent and is likely to be the largest sensor market in 2030 with a market size of $14 billion. This market momentum reflects true demand, fueled by global safety regulations, new car assessment programs and consumer expectations for confidence. Today’s vehicles are equipped with at least five radar sensors – four at the corners and one front facing. Future next-generation vehicles are expected to have double the number of radar sensors to give drivers a 360-degree view of the road. As cars become more autonomous, radar systems need to do more than just sense—they must interpret and act on information in real time. That’s where physical AI comes in. By combining advanced radar chips with physical AI, GF enables radar systems to sense, think, act and communicate. This means smarter, faster decisions on the road, better safety, and technology that adapts to changing environments. From chip to motion: How GF radar powers performance GlobalFoundries (GF) has made radar one of its core technology areas, offering silicon-proven IP, turnkey reference designs and advanced process technologies that help chip designers accelerate time-to-market. GF’s flagship 22FDX® radar technology delivers higher resolution, lower latency, better thermal management and a longer range than current radar systems. By integrating RF, analog and digital blocks on the same die, the 22FDX® platform reduces system cost while enabling unprecedented radar performance. GF solutions power the full spectrum of radar – from compact, single-chip short- and mid-range radars to complex multi-chip imaging radar. In fact, using GF’s 22FDX® technology, Arbe Robotics became the first in the world to show real-time 1 degree resolution, providing a real-time 4D picture of the environment. As the future of autonomous driving approaches, 360° vision around the car is a growing demand and GF provides the superior performance needed to increase range and improve resolution for these applications. Collaborations with other automotive leaders including indie Semiconductor and Bosch highlight how GF’s technology is advancing the intelligence and safety of vehicles. Why GF sets the standard for automotive safety GF radar solutions deliver key benefits that differentiate them from legacy technologies such as 28nm bulk CMOS and competing 16nm FinFET technologies: Range and accuracy: 22FDX® integrates more RF channels and digital processing into a smaller surface, improving sensitivity, efficiency, and resolution while shrinking chip area by up to 20 percent. Thermal management: With up to 50% high power-added efficiency compared to competing technologies, 22FDX® sensors avoid performance degradation associated with high power consumption at elevated temperatures and achieve a Grade 1 rating for automotive thermal reliability. Integrated processing: By enabling more processing on a single SoC, GF reduces power and silicon costs while delivering the smallest sensor size, maximum performance and highly integrated solution. With automotive radar expected to grow over the next decade, this single-chip SoC approach is increasingly preferred by Tier 1s and OEMs, offering a better balance of performance, features and cost, compared to traditional 28 nm bulk CMOS and 16nm FinFET technologies. Faster design cycles: GF’s technology, focused on product differentiation, lower costs, faster time-to-market, and high performance. Its lower sensitivity to layout effects, combined with silicon-proven reference designs, IP, and turnkey services, enables efficient, low-risk development of RF design. Automotive Grade 1 production: GF’s Fab 1 facility in Dresden, Germany – the heart of the automotive industry – provides Grade 1 volume production near key automotive hubs, ensuring a reliable, geopolitically stable supply chain that ensures resilience. Advancing the safety of tomorrow’s vehicles, today By making radar design simple, GF is empowering established automakers and new players alike to unlock the full potential of radar, making it easier to deliver disruptive solutions that redefine what automotive safety means. As vehicles evolve toward higher levels of autonomy, radar will play an even greater role, integrating with other sensor technologies including cameras and LiDAR to create a comprehensive, reliable perception of a vehicle’s surroundings. In our next blog, we’ll explore how camera and LiDAR technologies complement radar, creating a more robust safety system in cars that ensure no blind spots remain. Author bio Sneha Narnakaje is the general manager of the automotive end market, where she leads strategy and business development across all automotive applications for GF’s global customers. She has more than 20 years of experience in the semiconductor industry, with expertise in business strategy, marketing, product development and execution, and a proven record of driving top-line growth and increasing market share. Before joining GF, Sneha managed the ADAS radar business at Texas Instruments, overseeing strategy, roadmaps, execution, manufacturing and demand creation. She holds a master’s degree in business administration from the University of Maryland and a bachelor’s degree in computer science from Mangalore University in India.
Inside GF’s decarbonization journey December 4, 2025 By Joseph Chia Vice President & General Manager of 300mm fab in Singapore, GlobalFoundries Every semiconductor chip begins its life in a fab. While chips are essential for powering today’s digital age and enabling advancements in AI, their production consumes significant amounts of energy and generates greenhouse gases (GHG) as a by-product. As we work toward our Journey to Zero Carbon goals, GF remains committed to environmentally responsible manufacturing and operations, continually taking action to reduce and manage our greenhouse gas emissions. With a mix of innovation, smart engineering and bold improvements, our teams seek to decarbonize semiconductor manufacturing to further reduce GF’s carbon footprint and deliver on our sustainability commitments to our customers. We are currently scaling-up the full deployment of a central abatement system at our 300-mm fabrication plant in Singapore. Targeted for completion in the first quarter of 2026, this initiative is expected to significantly reduce emissions, enhance resource efficiency and optimize manufacturing processes. Rethinking abatement Unlike conventional point-of-use abatement systems that collect and treat exhaust gases from each wafer fabrication tool, multiple tools are connected to a single centralized abatement system that treats exhaust gases in bulk through a multi-stage process. Here’s how it works: First, exhaust gases pass through a pre-scrubber where water and an electrostatic precipitator remove acid gases and particles. The gases are then heated and treated in a catalytic unit which breaks down fluorinated greenhouse gases into water-soluble by-products. Finally, the by-products go through a post-scrubber for cleaning before being safely vented and the resulting wastewater is sent for further treatment. Watch the video which illustrates how the system works. Smarter, cleaner and greener We achieved encouraging results from a successful pilot of the system, which together with other existing initiatives, has contributed to a substantial reduction in GF Singapore’s emissions. Moreover, the central abatement system also uses 20% less space and has lower electricity consumption than if conventional point-of-use systems had been employed. It also enhances manufacturing efficiency by minimizing tool downtime and freeing up valuable fab space for production and support operations. As we prepare to unlock the full potential of the system at the World Economic Forum Global Lighthouse Network-designated fab, our 200 mm and 300 mm facilities in Singapore are driving impactful initiatives aligned with GF’s decarbonization roadmap. These include replacing traditional chamber-cleaning processes with cleaner, more efficient methods – achieving a 97% reduction in carbon emissions from the upgraded processes at the 200 mm fab. We use electric heat pumps instead of fossil-fuel combustion boilers in our manufacturing operations. Looking ahead, GF Singapore plans to leverage renewable energy from Singapore’s first hydrogen-ready, energy-efficient power plant when it becomes operational. Shaping what’s essential sustainably Our goal is clear: to achieve net zero carbon emissions by 2050. We are accelerating our global GHG-reduction goals, aiming for a 42% cut from 2021 levels by 2030, in alignment with the Science Based Targets initiative (SBTi). Across GF’s operations in the U.S., Germany and Singapore, we continue to pursue energy-efficiency improvements, alternative chemistries, new green technologies and lower-carbon power sources as part of our ONEGF roadmap. Decarbonizing a fab isn’t easy. But with innovation, collaboration and the commitment of our people, we’re proving that our essential chips can power a connected world sustainably. Forward-looking information This blog post 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. Joseph Chia is Vice President and General Manager of GF’s 300mm Fab 7 in Singapore. He oversees its operations, aligning the organization’s efforts in support of GF’s business objectives.
GlobalFoundries Appoints Matthew Zack as Chief Corporate Development Officer December 1, 2025 Seasoned corporate development leader to drive mergers, acquisitions and strategic partnerships to accelerate growth MALTA, N.Y., Dec. 1, 2025 – GlobalFoundries (NASDAQ: GFS) (GF) today announced the appointment of Matthew Zack as Chief Corporate Development Officer (CCDO), reporting to Chief Executive Officer Tim Breen and joining the company’s executive leadership team. An experienced corporate development executive with a proven track record of driving strategic growth through acquisitions and partnerships, Zack will lead all aspects of GF’s worldwide corporate development efforts. As GF continues to expand its global technology portfolio, key areas of focus for Zack will include mergers and acquisitions (M&A), strategic partnerships, targeted venture investments to complement GF’s portfolio, and post-close integration to accelerate innovation and deliver differentiated solutions for customers. Zack joins GF from Synopsys, where he co-led the integration management office for the $35B Synopsys-Ansys transaction, one of the largest strategic combinations completed in the semiconductor ecosystem to date. Prior to that, Zack served eight years as Global Head of Corporate Development at Ansys, where he delivered meaningful growth through more than 20 acquisitions and strategic partnerships with industry leaders, helping to reshape the company’s portfolio and drive its market cap from $8B to over $35B. Before joining Ansys, Zack held various leadership positions at SAP, Ariba and FreeMarkets. Zack also serves as chair of the board at EdgeCase, an AI startup focused on enabling safe deployment of complex systems. “Matt joins us with a proven track record of driving impact through thoughtful, strategic corporate development leadership,” said Tim Breen, CEO of GF. “His experience in shaping transformative deals and building partnerships will help us execute our inorganic growth strategy and deliver even greater value for our customers and stakeholders.” “GF is a global leader in the mission-critical semiconductor industry,” said Zack. “I look forward to working with this talented team to identify and execute opportunities that strengthen GF’s technology portfolio, accelerate innovation for customers worldwide and drive growth for our shareholders.” 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 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: Kenneth Craig [email protected]
