General Motors (GM) and GlobalFoundries (GFS) announce long term direct supply agreement

GlobalFoundries and GM Announce Long-Term Direct Supply Agreement for U.S. Production of Semiconductor Chips

MALTA, N.Y. and DETROIT, Feb. 9, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) and GlobalFoundries (NASDAQ: GFS) (GF) today announced a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GM's chip supply.  Through this first-of-its-kind agreement, GF will manufacture for GM's key chip suppliers at GF's advanced semiconductor facility in upstate New York bringing a critical process to the U.S.

This agreement supports GM's strategy to reduce the... More

GlobalFoundries and GM Announce Long-Term Direct Supply Agreement for U.S. Production of Semiconductor Chips

MALTA, N.Y. and DETROIT, Feb. 09, 2023 (GLOBE NEWSWIRE) -- General Motors Co. (NYSE: GM) and GlobalFoundries (NASDAQ: GFS) (GF) today announced a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GMs chip supply. Through this first-of-its-kind agreement, GF will manufacture for GMs key chip suppliers at GFs advanced semiconductor facility in upstate New York bringing a critical process to the U.S.

This agreement supports GMs strategy to reduce the number of unique chips needed to power increasingly complex and tech-laden... More

GlobalFoundries and GM Announce Long-Term Direct Supply Agreement for U.S. Production of Semiconductor Chips

MALTA, N.Y. and DETROIT, Feb. 09, 2023 (GLOBE NEWSWIRE) -- General Motors Co. (NYSE: GM) and GlobalFoundries (NASDAQ: GFS) (GF) today announced a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GMs chip supply. Through this first-of-its-kind agreement, GF will manufacture for GMs key chip suppliers at GFs advanced semiconductor facility in upstate New York bringing a critical process to the U.S.

This agreement supports GMs strategy to reduce the number of unique chips needed to power increasingly complex and tech-laden... More

GlobalFoundries Acquires Renesas’ Non-Volatile Resistive RAM Technology to Proliferate IoT and 5G Applications

MALTA, N.Y., Feb. 09, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today announced that it has acquired Renesas Electronics Corporation (Renesas)s proprietary and production proven Conductive Bridging Random Access Memory (CBRAM) technology, a low power memory solution designed to enable a range of applications in home and industrial IoT and smart mobile devices.

The transaction further strengthens GFs memory portfolio and extends its roadmap of embedded non-volatile memory (NVM) solutions by adding another reliable, customizable embedded memory solution that is relatively easy to integrate into other technology nodes. Specifically, this technology will enable... More

GlobalFoundries Acquires Renesas’ Non-Volatile Resistive RAM Technology to Proliferate IoT and 5G Applications

Technology acquisition expands GFs portfolio and differentiated roadmap while accelerating the commercialization of memory solutions

MALTA, N.Y., Feb. 09, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today announced that it has acquired Renesas Electronics Corporation (Renesas)s proprietary and production proven Conductive Bridging Random Access Memory (CBRAM) technology, a low power memory solution designed to enable a range of applications in home and industrial IoT and smart mobile devices.

The transaction further strengthens GFs memory portfolio and extends its roadmap of embedded non-volatile memory (NVM) solutions by adding another... More