GlobalFoundries

GlobalFoundries

Multinational semiconductor company

GlobalFoundries Inc. is a multinational semiconductor contract manufacturing and design company domiciled in the Cayman Islands and headquartered in Malta, New York. Created by the divestiture of the manufacturing arm of AMD in March 2009, the company was privately owned by Mubadala Investment Company, a sovereign wealth fund of the United Arab Emirates, until an initial public offering (IPO) in October 2021. Mubadala remains the majority owner of the company with an 82% stake.

Also known as...Global Foundries, GlobalFoundries Inc, GloFo, and GlobalFoundries (Cayman Islands)
US awards $2B quantum grants

US awards $2B quantum grants U.S. government awards $2 billion in grants and takes equity stakes in quantum computing firms.