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.
Building the workforce that powers the semiconductor industry October 16, 2025 This is a historic moment of growth for the semiconductor industry. Chips are essential to everything from smartphones and vehicles to AI data centers – nearly anything with an on/off switch. But with this opportunity comes a challenge: building a sustainable talent pipeline of engineers, technicians and countless other roles that will support the industry’s seismic growth. Experts predict the need for one million additional workers by 2030, and at GlobalFoundries, we see this as a continued reminder of the importance of investing in our people, inspiring the next generation of innovators and strengthening the talent that drives our success. Our ability to deliver differentiated technology and reliable manufacturing begins with the exceptional teams we build today. Nurturing our amazing workforce Our more than 13,000 employees across the United States, Europe and Asia are the foundation of our success, working day to day to deliver incredible innovations. Every advancement we achieve with our customers is the result of their dedication, expertise and vision. To remain a destination for top talent in a competitive market, we’ve adopted a people-first strategy that removes barriers to career growth. A centerpiece of this effort is the Student Loan Repayment Program, the first of its kind in the semiconductor industry. U.S.-based employees can receive up to $28,500 in tax-free assistance to pay down student debt. In its first year, more than 300 employees enrolled, and GF has already contributed over $180,000 toward their loans. Participants have shared that the program has given them the freedom to focus on advancing their careers and building their futures without the weight of long-term debt. As our very own Morgan Woods told the Associated Press: “The fact that I’m now ahead of where I thought I would be a little over a year ago is very nice to see.” Through the program, she now expects to pay off her loans four years earlier. Building talent further & future talent Addressing the talent gap requires expanding the pipeline of skilled professionals. That’s why we’ve partnered with educational institutions to create career pathways and hands-on training opportunities that prepare the next generation of semiconductor leaders. One example of GF’s commitment to invest $1 million in Hudson Valley Community College to enhance workforce training and apprenticeship programs. Our team also leads the industry with the first U.S. Registered Apprenticeship Program, which provides opportunities for individuals with no prior experience or training in the semiconductor industry, offering full-time paid positions and cost-free college courses to high school graduates. These programs create access for people from diverse backgrounds while strengthening the overall talent ecosystem for semiconductors. Integrating specialized expertise Developing talent internally is only part of the equation. GF also brings in highly specialized skills through strategic acquisitions. This strategy includes GF’s acquisition of MIPS, a leader in AI and processor IP. Combining MIPS’ decades of design and IP innovation with GF’s world-class manufacturing capabilities will enhance our ability to meet the growing needs of AI and edge computing customers. As part of GF’s digital transformation to drive enterprise AI adoption, our engineers are advancing their capabilities in data-driven environments and stepping into smart manufacturing leadership roles. Through strategic partnerships with academia, solution providers and government agencies, we are co-developing future-ready solutions and building a strong talent pipeline. For example, our MOU with A*STAR to strengthen advanced packaging capabilities in Singapore includes employee upskilling and the creation of expert-level roles—laying the foundation for future growth. Investing in people everywhere to drive global industry growth anywhere GF’s geographically diverse presence across the United States, Europe and Asia also positions the company to adapt to regional labor markets and attract talent where it is most critical. This global approach provides both workforce flexibility and supply chain resilience, supporting customers in key markets around the world. The semiconductor talent shortage is one of the most significant challenges the industry faces, but it is also a call to action. GF is committed to fostering an environment where employees can grow, advance and contribute to the innovations that will define the future of technology, no matter where they, or our customers, are based. By investing in workforce programs, education partnerships and specialized expertise, GF is building the foundation for sustainable industry growth in the years ahead.
GlobalFoundries, Infineon, Silicon Box, STATS ChipPAC, TIER IV Join imec Automotive Chiplet Program October 15, 2025 First foundry and suppliers sign imec’s ACP program to jointly accelerate chiplet adoption in the automotive industry LEUVEN (Belgium), October 15, 2025 – Today, imec announced that GlobalFoundries (Nasdaq: GFS) (GF) has joined imec’s Automotive Chiplet Program (ACP) as a foundry partner. Semiconductor and system companies Infineon, Silicon Box, STATS ChipPAC, and Japanese autonomous driving technology developer TIER IV have also committed to join ACP, expanding imec’s network and further accelerating the development and adoption of a cutting-edge chiplet architecture tailored to the unique demands of the automotive industry. As vehicles evolve into high-performance, software-defined platforms, traditional monolithic chip designs are increasingly challenged to meet the demands of advanced driver assistance systems (ADAS), autonomous driving and immersive in-vehicle infotainment. Chiplet architectures offer a scalable, flexible and cost-effective alternative that can be seamlessly integrated into the sophisticated compute systems of software-defined vehicles. Imec’s ACP brings together key stakeholders from across the automotive and semiconductor ecosystems in a pre-competitive research initiative aimed at accelerating the adoption of chiplet architectures and packaging technologies in next-generation vehicles, meeting automotive-grade requirements for safety and reliability. As a foundry partner, GF will provide advanced manufacturing capabilities, a differentiated technology portfolio and GF’s global footprint of fabs in the U.S., Europe and Asia to support the development and manufacturing of the ACP’s automotive-ready, chiplet-based platforms. “Joining imec’s ACP aligns with our mission to enable innovation in automotive electronics with differentiated technology solutions for the next-generation of safe, connected and autonomous vehicles,” said Sudipto Bose, vice president of GF’s automotive end market. “We’re excited to contribute our deep manufacturing expertise, global manufacturing footprint and portfolio of silicon-proven, automotive-grade technologies to support the ACP’s focus in developing reference chiplet architectures and the qualification of interconnect technologies that meet stringent automotive standards.” Bart Placklé, vice-president automotive at imec: “Expanding the involvement of companies across the automotive ecosystem strengthens our ability to develop chiplet architectures and interconnect technologies that are tailored to the needs of the industry and validated under real-world manufacturing conditions, which helps to derisk and accelerate deployment for the entire industry.” —- end —- About imec Imec is a world-leading research and innovation hub in advanced semiconductor technologies. Leveraging its state-of-the-art R&D infrastructure and the expertise of over 6,000 employees, imec drives innovation in semiconductor and system scaling, artificial intelligence, silicon photonics, connectivity, and sensing. Imec’s advanced research powers breakthroughs across a wide range of industries, including computing, health, automotive, energy, infotainment, industry, agrifood, and security. Through IC-Link, imec guides companies through every step of the chip journey – from initial concept to full-scale manufacturing – delivering customized solutions tailored to meet the most advanced design and production needs. Imec collaborates with global leaders across the semiconductor value chain, as well as with technology companies, start-ups, academia, and research institutions in Flanders and worldwide. Headquartered in Leuven, Belgium, imec has research facilities across Belgium and in Germany, the Netherlands, Italy, the UK, Spain, and the USA, with representation on three continents. In 2024, imec reported revenues of €1.034 billion. For more information, visit www.imec-int.com The imec group holds a global trademark portfolio, including word marks and combined figurative registered and unregistered trademarks, across national, regional, and international territories. Its lawful use requires prior written consent of IMEC in compliance with the IMEC branding guidelines, which may be updated periodically. The latest version is available upon written request. Contact: Jade Liu, international press communications // T +32 16 28 16 93 // M +32 495 71 74 52 // [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 unyielding focus on security, longevity, and sustainability. For more information, visit www.gf.com. Media Contact: Stephanie Gonzalez: [email protected] 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 Executive Chairman weighs in on Trump administration proposals to support domestic chip manufacturing October 14, 2025 GlobalFoundries Executive Chairman Tom Caulfield recently joined CNBC Money Movers for an exclusive interview and talked about how economic tools can help create demand for U.S. made chips and bring home more manufacturing capacity. “If you believe — and I don’t know anyone who doesn’t — that for national security, supply chain, and economic security, that we ought to be doing more semiconductor manufacturing in the U.S., then these are the tools you need to go make that happen,” explained Caulfield. He added that proposals under consideration by President Trump and Commerce Secretary Lutnickare about lifting and shifting demand to fill capacity: “There’s no sense building capacity if the demand is not here, and this administration – with Secretary Lutnick and President Trump – are trying to use economic tools to drive demand here as well.” Caulfield also emphasized that GlobalFoundries is ready to continue to build out its scale and manufacture in the U.S. “We’ve talked about a $16 billion capital expansion through leveraging the CHIPS funding and the investment tax credit, and the rate and pace of that is not dependent on GF being able to deploy the capital or create. It’s really about securing the commitment and the desire of our customers to want to bring more of that supply that we make for them back home.”
