GlobalFoundries and Renesas Expand Partnership to Accelerate U.S. Semiconductor Manufacturing
Rhea-AI Summary
GlobalFoundries (Nasdaq: GFS) and Renesas announced an expanded multi‑billion‑dollar manufacturing partnership to broaden Renesas' access to GF technologies and strengthen semiconductor supply resilience. Tape‑outs under the collaboration are on track to begin in mid‑2026, with initial manufacturing in the U.S. and extension to Germany, Singapore and China.
The agreement covers GF platforms including FDX (FD‑SOI), BCD and CMOS with non‑volatile memory to support Renesas' SoCs, power devices and MCUs, and the companies are considering porting select GF processes into Renesas’ in‑house fabs in Japan.
Positive
- Multi‑billion‑dollar partnership expands manufacturing capacity and strategic collaboration
- Access to FDX, BCD and feature‑rich CMOS supports Renesas' SoCs, power devices and MCUs
- Tape‑outs on track mid‑2026, providing a concrete near‑term development timeline
- Manufacturing across U.S., Germany, Singapore and China enhances global supply flexibility
- GF now supplies semiconductors used by top three automotive MCU makers, reinforcing automotive credibility
Negative
- Geopolitical complexity from production spanning the U.S. and China could complicate U.S. onshoring goals
- No specific deal value disclosed beyond “multi‑billion,” leaving exact financial exposure and timing vague
News Market Reaction
On the day this news was published, GFS declined 1.57%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
GFS gained 0.6% while key peers were mixed: UMC +1.36%, ON +2.75%, SWKS +2.5%, STM -0.71%, ASX -0.26%. This points to company-specific drivers.
Previous Partnership Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 19 | Space partnership | Positive | +0.3% | Radiation-hardened space semiconductors using GF’s 12LP FinFET platform with BAE Systems. |
| Oct 30 | Wireless IoT deal | Positive | +5.0% | Expanded Silicon Labs partnership for energy-efficient wireless SoCs on 40ULP-ESF3 in New York. |
| Aug 06 | Apple expansion | Positive | -3.3% | Broader Apple partnership tied to U.S. fabs and large investment commitments in New York/Vermont. |
| May 19 | Packaging MOU | Positive | -0.0% | A*STAR collaboration to advance packaging R&D and workforce at GF’s Singapore facility. |
| Sep 09 | Startup accelerator | Positive | +0.7% | Silicon Catalyst partnership to give startups access to 22FDX®, photonics and GaN platforms. |
Partnership announcements have typically produced small price moves, with most reactions modestly positive and one notable negative response.
Over the past year, GlobalFoundries has used partnerships to deepen positions in space, wireless IoT, advanced packaging, and startup ecosystems. Prior deals with BAE Systems, Silicon Labs, Apple, A*STAR and Silicon Catalyst tied directly to U.S. manufacturing, differentiated platforms (e.g., 12LP, 40ULP-ESF3, 22FDX®) and AI or connectivity use cases. Today’s Renesas collaboration continues this pattern, emphasizing automotive and industrial demand and further leveraging GF’s Malta and global footprint.
Historical Comparison
In the past year, GFS logged 5 partnership announcements with an average move of 0.53%. Today’s 0.6% uptick on the Renesas deal fits this historically modest reaction pattern.
Partnerships have expanded from space and wireless IoT into Apple devices, advanced packaging, startups, and now automotive and industrial markets, steadily broadening GF’s end-market footprint.
Market Pulse Summary
This announcement expands GlobalFoundries’ long-running strategy of securing multi-year manufacturing partnerships focused on automotive and industrial applications. The Renesas deal leverages GF’s differentiated platforms such as FD-SOI, BCD and feature-rich CMOS, with tape-outs planned for mid-2026. Historically, similar partnerships have produced modest share-price moves. Key factors to monitor include ramp timing, how much volume shifts into U.S. fabs, and progress on any process technology porting into Renesas’ Japan facilities.
Key Terms
fd-soi technical
non-volatile memory technical
industrial iot technical
AI-generated analysis. Not financial advice.
Multi‑billion-dollar collaboration strengthens supply chain resiliency and supports growing demand for chips powering smart vehicles and next-generation industrial systems
MALTA, N.Y. and TOKYO, Feb. 16, 2026 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) and Renesas Electronics Corporation (TSE: 6723) (Renesas) today announced an expanded strategic collaboration through a multi‑billion-dollar manufacturing partnership that broadens Renesas' access to GF technologies including its differentiated technology platforms. This agreement reflects a shared commitment to secure, resilient supply chains and aligns with U.S. priorities to strengthen domestic semiconductor production for economic and national security.
As vehicles become more intelligent and electrified, and factories more automated, the chips inside them are doing far more than basic processing, they enable radar for advanced driver assistance, manage battery systems in electric vehicles and power for secure connectivity for industrial IoT. Reliable semiconductor supply is mission-critical for these applications, and GF’s globally distributed manufacturing footprint—spanning the U.S., Europe and Asia—provides customers with flexibility and supply assurance to meet these challenges.
Under this partnership, Renesas will gain further access to GF’s technology portfolio, including FDX™ (FD-SOI), BCD and feature-rich CMOS technologies with non-volatile memory features to support its SoCs, power devices and MCUs. Tape-outs under this expanded collaboration are on track to begin in mid-2026.
This expanded partnership, starting with manufacturing in the U.S. and extending to facilities across GF’s global footprint, including in Germany and Singapore, as well as through GF’s manufacturing partnership in China, will help Renesas address the growing demand and requirements of customers developing increasingly advanced systems and products. Renesas and GF are also considering the option of porting select GF process technologies into Renesas’ inhouse fabs in Japan to further enhance manufacturing resilience and support future capacity needs.
“This partnership strengthens a proven relationship and underscores GF’s role as a trusted partner for essential semiconductor technologies,” said Tim Breen, CEO of GlobalFoundries. “The automotive landscape is changing fast. Semiconductors are now the foundation of innovation, powering advanced driver assistance, battery management and secure connectivity. These systems demand performance and efficiency under extreme conditions, and GF’s differentiated platforms are built for that. We’re focused on delivering what matters most: reliable supply and the technologies that enable the vehicles of tomorrow.”
This initiative is part of a broader effort to onshore essential chip technologies and reinforce U.S. leadership in semiconductor manufacturing, while providing Renesas and its customers with secure, localized production options. With the expanded partnership with Renesas, GF now manufactures semiconductors used by the top three automotive MCU manufacturers globally.
“Access to a broader range of GF technologies gives us the flexibility and supply assurance our customers need,” said Hidetoshi Shibata, CEO of Renesas. “This expanded partnership enables a stable, long-term supply of semiconductors while ensuring the highest quality and reliability for our products. These capabilities are essential as we deliver advanced solutions, with demand for electrification and connectivity — and the rapidly growing compute requirements driven by AI applications — accelerating worldwide.”
This expanded collaboration comes as the automotive industry accelerates toward software-defined vehicles, electrification and advanced safety systems—all of which depend on a secure and resilient semiconductor supply chain.
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 Renesas Electronics Corporation
Renesas Electronics Corporation (TSE: 6723) empowers a safer, smarter and more sustainable future where technology helps make our lives easier. A leading global provider of microcontrollers, Renesas combines our expertise in embedded processing, analog, power and connectivity to deliver complete semiconductor solutions. These Winning Combinations accelerate time to market for automotive, industrial, infrastructure and IoT applications, enabling billions of connected, intelligent devices that enhance the way people work and live. Learn more at renesas.com. Follow us on LinkedIn, Facebook, X, YouTube, and Instagram.
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.
Contacts
Kenneth Craig
GlobalFoundries
Kenneth.Craig@GF.com
Hideharu Fujimori
Renesas Electronics Corporation
pr@renesas.com
FAQ
What did GlobalFoundries and Renesas announce on February 16, 2026 regarding manufacturing for GFS?
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