GLOBALFOUNDRIES Inc.

On 7 October 2008, Advanced Micro Devices (AMD) announced it planned to go fabless and spin off its semiconductor manufacturing business into a new company temporarily called The Foundry Company. Mubadala announced its subsidiary Advanced Technology Investment Company (ATIC) agreed to pay $700 million to increase its stake in AMD's semiconductor manufacturing business to 55.6 percent (up from 8.1 percent). Mubadala would invest $314 million for 58 million new shares, increasing its stake in AMD to 19.3 percent, and $1.2 billion of AMD's debt would be transferred to The Foundry Company. On 8 December 2008, amendments were announced: AMD would own approximately 34.2 percent and ATIC would own approximately 65.8 percent of The Foundry Company.

On 4 March 2009, GlobalFoundries was officially announced. On 7 September 2009 ATIC announced it would acquire Chartered Semiconductor, based in Singapore, for S$2.5 billion (US$1.8 billion) and integrate Chartered Semiconductor into GlobalFoundries. On 13 January 2010 GlobalFoundries announced it had finalized the integration of Chartered Semiconductor.

On 4 March 2012 AMD announced they divested their final 14 percent stake in the company, which concluded AMD's multi-year plan to divest its manufacturing arm.

On 20 October 2014 IBM announced the sale of its microelectronics business to GlobalFoundries.

As of 2015 the firm owned ten fabrication plants. Fab 1 is in Dresden, Germany. Fabs 2 through 7 are in Singapore. Fabs 8 through 10 are in the northeast United States. These sites are supported by a global network of R&D, design enablement, and customer support in Singapore, China, Taiwan, Japan, India, the United States, Germany, and the United Kingdom. In February 2017, the company announced a new 300 Fab [Fab 11] in China for growing semiconductor market in China.

In 2016 GlobalFoundries licensed the 14 nm 14LPP FinFET process from Samsung Electronics. In 2018 GlobalFoundries developed the 12 nm 12LP node based on Samsung's 14 nm 14LPP process.

On 27 August 2018 GlobalFoundries announced it had cancelled their 7LP process due to a strategy shift to focus on specialized processes instead of leading edge performance.

On 29 January 2019 AMD announced an amended wafer supply agreement with GlobalFoundries. AMD now has full flexibility for wafer purchases from any foundry at 7 nm or beyond. AMD and GlobalFoundries agreed to commitments and pricing at 12 nm for 2019 through 2021.

On 20 May 2019 Marvell Technology Group announced it would acquire Avera Semi from GlobalFoundries for $650 million and potentially an additional $90 million. Avera Semi was GlobalFoundries' ASIC Solutions division, which had been a part of IBM 's semiconductor manufacturing business. On 1 February 2019 GlobalFoundries announced the $236 million sale of its Fab 3E in Tampines, Singapore, to Vanguard International Semiconductor (VIS) as part of their plan to exit the MEMS business by 31 December 2019. On April 22, 2019, GlobalFoundries announced the $430 million sale of their Fab 10 in East Fishkill, New York, to ON Semiconductor. GlobalFoundries has received $100 million and was going to receive another $330 million at the end of 2022 when ON Semiconductor would gain full operational control. The 300mm fab is capable of 65 nm to 40 nm and was a part of IBM. On August 15, 2019, GlobalFoundries announced a multi-year supply agreement with Toppan Photomasks. The agreement included Toppan acquiring GlobalFoundries' Burlington photomask facility.

In February 2020 GlobalFoundries announced that its embedded magnetoresistive non-volatile memory ( eMRAM ) entered production which is the industry's first production ready eMRAM.

In May 2020 GlobalFoundries stated it was fully abandoning its plans of opening Fab 11 in Chengdu, China due to reported rivalry between the latter and the US. This happened three years after the manufacturer announced it would invest $10 billion to open the new fab; however, the fab was never brought online.

On 26 April 2021 GlobalFoundries announced that effective immediately, it was transferring its global headquarters from Santa Clara, California to its Malta, New York campus (home to Fab 8).

In August 2022 Google expanded its open-source chip design and manufacturing efforts by partnering with GlobalFoundries to develop an open-source process design kit (PDK) based on the foundry's 180 nm node. In October 31, Google announced they would sponsor no-cost OpenMPW ( multi-project wafer ) shuttle runs for it in the coming months.

GlobalFoundries was a gold sponsor for the Special Olympics Vermont Penguin Plunge which raised over $500,000 in 2022 to support Vermont athletes.

In February 2023 GlobalFoundries signed a deal to become the exclusive provider of US-produced semiconductor chips for General Motors amid an ongoing shift to electric vehicles in what was referred to as an "industry-first" deal. It would help General Motors reduce the amount of different chips needed in its vehicles. The companies planned for production in Malta, New York. The deal would not lead to new jobs right away but would rather ensure stability in the supply of chips. At the time of the announcement, GlobalFoundries CEO Thomas Caufield said the full effect of this increase in production would be seen in two to three years.

On September 21, 2023, the U.S. Department of Defense (DoD) awarded GlobalFoundries a 10-year contract for the supply of securely manufactured semiconductors for critical aerospace and defense applications. With an initial award of $17.3 million and an overall 10-year spending ceiling of $3.1 billion, this agreement ensures the DoD and its contractors have access to GF's U.S.-made semiconductors. This contract also provides access to GF's design ecosystem, IP libraries, and advanced technologies.

In November 2024, GF paid a US$500,000 fine to the United States Department of Commerce for unlicensed shipments of US$17 million in product to a sanctioned entity related to Semiconductor Manufacturing International Corporation.

Expansion and Investment under the CHIPS and Science Act

In February 2024, the U.S. Department of Commerce announced a $1.5 billion planned investment in GF as part of the CHIPS and Science Act, making GF the recipient of the first major award from the funding initiative. This investment is set to bolster GF's efforts to expand and introduce new manufacturing capacities, thereby enhancing the production of semiconductors for automotive, IoT, aerospace, defense, and other vital sectors.

In May 2026, GlobalFoundries will receive $375 million to establish a “secure, domestic quantum foundry for leading architectures and multiple modalities."

GlobalFoundries v. TSMC et al (2019)

On August 26, 2019, GlobalFoundries filed patent infringement lawsuits against TSMC and some of TSMC's customers in the US and Germany. GlobalFoundries claims TSMC's 7 nm, 10 nm, 12 nm, 16 nm, and 28 nm nodes have infringed on 16 of its patents. Lawsuits were filed in the U.S. International Trade Commission, the U.S. Federal District Courts in the Districts of Delaware, the Western District of Texas, the Regional Courts of Düsseldorf, and Mannheim in Germany. GlobalFoundries has named 20 defendants: Apple, Broadcom, MediaTek, Nvidia, Qualcomm, Xilinx, Arista, ASUS, BLU, Cisco, Google, Hisense, Lenovo, Motorola, TCL, OnePlus, Avnet/EBV, Digi-Key and Mouser. On August 27, TSMC announced it was reviewing the complaints filed, but are confident that the allegations are baseless and will vigorously defend its proprietary technology.

On 1 October 2019 TSMC filed patent infringement lawsuits against GlobalFoundries in the US, Germany and Singapore. TSMC claimed GlobalFoundries' 12 nm, 14 nm, 22 nm, 28 nm and 40 nm nodes have infringed on 25 of its patents.

On 29 October 2019 TSMC and GlobalFoundries announced a resolution to the dispute. The companies agreed to a new life-of-patents cross-license for all of their existing semiconductor patents as well as new patents to be filed by the companies in the next ten years.

Dresden expansion (2025)

On October 28, 2025, GlobalFoundries announced plans to invest €1.1 billion in the expansion of its Dresden, Germany manufacturing site (Project SPRINT), with the goal of exceeding one million wafers per year by the end of 2028. The investment, supported by the German federal government and the State of Saxony, is part of the framework of the European Chips Act and aims to strengthen Europe's semiconductor supply-chain resilience.

List of GlobalFoundries CEOs

Doug Grose (2009–2011)

Ajit Manocha (2011–2014)

Sanjay Jha (2014–2018)

Thomas Caulfield (2018–2025)

Tim Breen (2025–present)