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]
Light-speed ambition: GlobalFoundries acquires AMF and InfiniLink to power the AI datacenter revolution November 25, 2025 By Kevin Soukup, Senior Vice President of Silicon Photonics Business, GlobalFoundries Artificial intelligence is redefining how the next generation of datacenter networks are architected. With traditional copper connections nearing their limits, silicon photonics leverages light to deliver higher bandwidth and improved energy efficiency, driving the next wave of datacenter innovation. To address this critical need across datacenters and long-haul communications, GF is taking decisive steps to advance silicon photonics and reinforce its leadership in the field through two strategic acquisitions: Advanced Micro Foundry (AMF), a silicon photonics foundry based in Singapore, and InfiniLink, a startup specializing in advanced optical data connectivity chips, based in Cairo, Egypt. These strategic acquisitions, in addition to expanding manufacturing capacity, turbocharge our roadmap. They expand our manufacturing muscle and enhance our design capabilities, enabling us to deliver a superior, broader roadmap for both pluggable transceivers and co-packaged optics (CPO). This opens new opportunities into adjacent markets like sensing and quantum computing. Why AMF: Capability, reach and resilience AMF is a premier silicon photonics foundry with a proven 200 mm platform and deep expertise in “within data center” and “long‑haul” optical communications. This acquisition means instant capacity, broader technology and a competitive advantage across AI datacenters and communications. We will continue to support demand on AMF’s 200mm lines and, as the market grows, we have a clear path advancing toward 300mm in Singapore—improving supply assurance across regions globally. This acquisition also accelerates our Singapore operations and complements our U.S. photonics footprint, enabling us to serve silicon photonics markets in both North America and Asia, helping our customers build secure, resilient supply chains. As for what’s next in Singapore, we intend to establish a Silicon Photonics Center of Excellence, including collaboration with A*STAR, to advance next‑generation materials, packaging and platforms targeting 400G/λ based solutions. With AMF joining GF, we expect to become the largest pure‑play silicon photonics foundry by revenue. Why InfiniLink: Design depth for connectivity InfiniLink, a design-focused company with deep expertise in connectivity chips, brings advanced capabilities in high‑speed connectivity, including SerDes, optical transceiver chipsets and monolithic silicon photonics. Every customer engagement at GF starts with a deep discussion about system architecture, link budget, and a variety of design choices. Their engineering talent and IP enhance GF’s in‑house design capabilities and will help a broad range of customers strengthen their optics roadmaps and design into GF. Together, they enable our customers’ differentiation and delivery of complete optical engine modules for both pluggable and co-packaged optics—accelerating innovation and optimizing performance. Better together: Manufacturing and design for end‑to‑end differentiation Adding AMF’s manufacturing expertise and InfiniLink’s design expertise and portfolio to GF’s established silicon photonics business helps accelerate the journey from a great concept to a qualified product running high in volume, further streamlining time to value for customers. Here’s what that means: End‑to‑end photonics solutions—from design IP and reference designs to process and PDKs to packaged modules—meeting customers both where they design and where they manufacture. A multi‑year roadmap for pluggables and CPO that increases bandwidth while reducing the pJ/bit for high speed data transmission. Accelerating growth of photonics into adjacent applications, including sensing and LiDAR for physical AI, industrial and automotive markets, and emerging quantum systems, supported by broader technology and packaging toolkits. What our customers can expect These strategic acquisitions will expand GF’s technology portfolio, both inside and outside the datacenter. Customers can expect secure, in-region supply with additional manufacturing value supported by complementary facilities in both the U.S. and Singapore, providing multi-region sourcing and stronger supply chain resilience. With expanded technology capabilities brought into GF’s portfolio through new solutions, IP and talent, customers will also benefit from faster innovation cycles, with integrated design and manufacturing that accelerate progress toward 400G/λ solutions. And with closer co-development, partners can engage earlier on complete CPO modules and connectivity chipsets, working more seamlessly with hyperscalers and enterprise customers from the start. Forging a strong path forward Silicon photonics is an essential infrastructure for the AI era, and we’re excited to partner with companies that share this vision. With the latest acquisitions of AMF and InfiniLink, GF is building a globally competitive, innovation‑driven “GDS to OE module” platform that helps customers move data faster and more efficiently. 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.
RPI and GlobalFoundries Partner on Semiconductor Research, Education, and Workforce Development Initiatives November 24, 2025 New strategic partnership to include educational opportunities for RPI students, support for RPI faculty, STEM outreach, talent pipelines, curriculum development, and joint R&D programs. Rensselaer Polytechnic Institute (RPI), the first technological research university in the United States, and GlobalFoundries (Nasdaq: GFS) (GF), a leading semiconductor manufacturer, today announced a new strategic partnership to foster collaboration on semiconductor research, education, talent, and workforce development. By creating and implementing new educational, engagement, and research opportunities for students and faculty, RPI and GF are driving semiconductor innovation and producing the next generation of leaders in the semiconductor industry. The agreement builds on and formalizes a longstanding collaboration between the two institutions. GF recently endowed two Dean’s Faculty Fellows in the School of Engineering to recognize outstanding mid-career faculty working in the areas of mutual interest in chips and semiconductors. Additionally, GF has supported RPI students with a strong interest in the semiconductor industry and RPI’s Community College Scholars Program. GF and RPI are also engaged in a unique curricular development initiative, bringing modern practical industrial perspectives into the classroom through lectures in RPI’s Microelectronics Manufacturing courses. These courses are led by industry experts from GF and include field trips to GF’s fabs, benefitting graduate and undergraduate students from many disciplines. The program is currently in its fourth year and has engaged nearly 200 students interested in semiconductor manufacturing. More than 150 RPI alumni currently work at GF, and each year a sizeable cohort of RPI students are hired for internships and full-time roles at the company. RPI recently opened a 6,000 square-foot facility at NY Creates’ Albany NanoTech Complex, where GF maintains a significant presence. RPI professors are also active in GF’s University Partnership Program, a design innovation program that bridges the academia-to-industry gap. “RPI has a long history of groundbreaking research and education in semiconductors and microelectronics,” said RPI President Martin Schmidt ‘81, Ph.D. “Formalizing a strategic partnership with GlobalFoundries allows RPI faculty, students, and researchers to collaborate with one of the world’s most innovative and technologically advanced companies to advance solutions that benefit society and foster economic development in New York State, across the country, and globally.” “GlobalFoundries is at the forefront of essential innovation, and this new partnership with RPI strengthens our ability to deliver differentiated semiconductor technologies and shape the future of microelectronics,” said Dr. Ted Letavic ‘90, Ph.D., corporate fellow and senior vice president of technology and innovation at GF. “By combining RPI’s world-class research and education with GF’s industry expertise, we are creating opportunities that will accelerate technology development, strengthen the workforce through a robust talent pipeline and drive economic growth in New York and beyond.” The strategic partnership recognizes RPI as a GlobalFoundries strategic university partner and incorporates GF into RPI’s Industry Engagement Program (IEP). Formalizing this relationship allows RPI and GF to continue their current collaborations while developing a roadmap to expand the partnership into areas such as joint faculty/engineering exchanges and cutting-edge R&D initiatives. For RPI, the relationship will be managed by the Office of Strategic Alliances and Translation (OSAT), RPI’s new portfolio for industry partnerships and research translation. About RPI Founded in 1824 for the application of science to the common purposes of life, Rensselaer Polytechnic Institute is the first technological research university in the United States. Today, it is recognized as a premier university, noted for its robust and holistic learning community that connects creativity with science and technology. RPI is dedicated to inventing for the future, from shaping the scientists, engineers, technologists, architects, financiers, managers, and entrepreneurs who will define what’s next for humanity, to research that bridges disciplines to solve the world’s toughest problems. Learn more at rpi.edu. 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.
GlobalFoundries and Navitas Semiconductor Partner to Accelerate U.S. GaN Technology and Manufacturing for AI Datacenters and Critical Power Applications November 20, 2025 New technology and foundry partnership expands U.S. capacity for advanced GaN technology, design and at-scale manufacturing to support a wide range of power management applications MALTA, N.Y. and TORRANCE, C.A., November 20, 2025 – GlobalFoundries (Nasdaq: GFS) (GF) and Navitas Semiconductor (Nasdaq: NVTS) today announced a long-term strategic partnership to strengthen and accelerate U.S.-based gallium nitride (GaN) technology, design and manufacturing. Together, the companies will collaborate, develop and deliver advanced solutions for critical applications in high power markets that demand the highest efficiency and power density, including AI datacenters, performance computing, energy and grid infrastructure and industrial electrification. Navitas Semiconductor, a pioneer in GaN and high-voltage SiC technologies, has achieved successful GaN deployment in high-volume markets such as mobile fast chargers, consumer, performance computing, electric vehicles, energy storage and industrial devices and is working to accelerate GaN adoption in high power markets. GF brings decades of experience as a trusted global foundry partner, ensuring reliable, high-quality production at scale. Through this long-term partnership, GF and Navitas Semiconductor will manufacture next-generation GaN technology at GF’s Burlington, Vermont facility, leveraging the site’s expertise in high-voltage GaN-on-Silicon technology and Navitas Semiconductor’s long established GaN technology and device expertise. Development is set for early 2026 with production expected to begin later in the year. By combining GF’s world-class manufacturing capabilities and Navitas’ leadership in GaN innovation, this strategic partnership will provide customers with the most advanced, secure and scalable GaN solutions. Together, the companies will enable customers to achieve a U.S. pathway for GaN, supporting national security and competitiveness while driving decarbonization across next-generation energy and compute platforms. “GaN is transforming how the world moves power. And this partnership represents a significant step forward for U.S. semiconductor leadership and the deployment of GaN technology to address essential applications,” said Tim Breen, CEO of GlobalFoundries. “By joining forces with Navitas, we are enabling a secure and sustainable supply chain for GaN technologies that power the future of AI, energy and industrial innovation.” “GaN adoption is accelerating in high power semiconductor markets such as AI datacenters, performance computing, energy and grid infrastructures and industrial electrification, and our collaboration and partnership with GF ensures that Navitas can deliver the performance, efficiency and scale our customers demand and to manufacture those solutions in critical and national security applications in the United States,” said Chris Allexandre, President and CEO of Navitas. “Together, we are building a foundation for next-generation applications that are critical to national competitiveness and energy sustainability. Our partnership with GF is another milestone and step forward for Navitas 2.0”. 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 Navitas Navitas Semiconductor is a next-generation power semiconductor leader in gallium nitride (GaN) and IC integrated devices, and high-voltage silicon carbide (SiC) technology, driving innovation across AI data centers, performance computing, energy and grid infrastructure, and industrial electirication. With more than 30 years of combined expertise in wide bandgap technologies, GaNFast™ power ICs integrate GaN power, drive, control, sensing, and protection, delivering faster power delivery, higher system density, and greater efficiency. GeneSiC™ high-voltage SiC devices leverage patented trench-assisted planar technology to provide industry-leading voltage capability, efficiency, and reliability for medium voltage grid infrastructure applications. Navitas has over 300 patents issued or pending and is the world’s first semiconductor company to be CarbonNeutral®-certified. 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. Neither GF nor Navitas Semiconductor undertakes any 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: GF Stephanie Gonzalez [email protected] Navitas Semiconductor Vipin Bothra [email protected]
