GlobalFoundries

GlobalFoundries Inc. is a <a href="/facts/Multinational_corporation/qrMQSMTb">multinational</a> <a href="/facts/Semiconductor/zFf3mGTE">semiconductor</a> contract manufacturing and design company located in the <a href="/facts/Cayman_Islands/exXQq3xA">Cayman Islands</a> and headquartered in <a href="/facts/Malta%2c_New_York/9sKQSxmF">Malta, New York</a>. Created by the <a href="/facts/Divestiture/QFHuyJk1">divestiture</a> of the manufacturing arm of <a href="/facts/AMD/CB1G7QTb">AMD</a> in March 2009, the company was privately owned by <a href="/facts/Mubadala_Investment_Company/AvFsjByn">Mubadala Investment Company</a>, a <a href="/facts/Sovereign_wealth_fund/U3vJnbL4">sovereign wealth fund</a> of the <a href="/facts/United_Arab_Emirates/o1bEjgbR">United Arab Emirates</a>, until an <a href="/facts/Initial_public_offering/2NntDhrG">initial public offering</a> (IPO) in October 2021. Mubadala remains the majority owner of the company with an 82% stake.
The company manufactures <a href="/facts/Integrated_circuit/fjn6vg7C">integrated circuits</a> on <a href="/facts/Wafer_(electronics)/lCBJAoUL">wafers</a> designed for markets such as smart mobile devices, automotive, aerospace and defense, consumer <a href="/facts/Internet_of_things/rwwGAxn3">internet of things</a> (IoT) and for data centers and communications infrastructure.
As of 2023, GlobalFoundries is the third-largest semiconductor foundry by revenue. It is the only one with operations in <a href="/facts/Singapore/CQDkhUvD">Singapore</a>, the <a href="/facts/European_Union/6GYcR8qM">European Union</a>, and the United States: one <a href="/facts/Wafer_(electronics)/lCBJAoUL">200 mm</a> and one 300 mm <a href="/facts/Wafer_(electronics)/lCBJAoUL">wafer</a> fabrication plant in <a href="/facts/Singapore/CQDkhUvD">Singapore</a>; one 300 mm plant in <a href="/facts/Dresden/nKVXxIgq">Dresden, Germany</a>; one 200 mm plant in <a href="/facts/Essex_Junction%2c_Vermont/BQa6vK2D">Essex Junction, Vermont</a> (where it is the largest private employer) and one 300 mm plant in <a href="/facts/Malta%2c_New_York/9sKQSxmF">Malta, New York</a>.
GlobalFoundries is a "Trusted Foundry" for the <a href="/facts/Federal_government_of_the_United_States/VJCxUaf7">U.S. federal government</a> and has similar designations in Singapore and Germany, including certified international Common Criteria standard (ISO 15408, CC Version 3.1).
On October 28, 2021, the company sold shares in an IPO on the <a href="/facts/Nasdaq/C6GlcQcB">Nasdaq</a> stock exchange at US$47 each, at the higher end of its targeted price range, and raised about US$2.6 billion.

GlobalFoundries open-in-new

GlobalFoundries