Welcome to our dedicated page for Globalfoundries news (Ticker: GFS), a resource for investors and traders seeking the latest updates and insights on Globalfoundries stock.
GlobalFoundries (GFS) is a leading semiconductor foundry providing advanced manufacturing solutions for automotive, IoT, and aerospace industries. This page aggregates official news and press releases to help stakeholders track strategic developments.
Access real-time updates on earnings reports, process technology breakthroughs, and supply chain initiatives. Our curated collection includes announcements about factory expansions, R&D partnerships, and market-specific innovations across GF's global facilities.
Key coverage areas include quarterly financial results, new customer collaborations, and advancements in silicon photonics or advanced packaging. Bookmark this page for streamlined access to operational milestones and regulatory filings.
Check back regularly for verified updates directly from GlobalFoundries and trusted financial analysts. This resource eliminates fragmented searching by centralizing critical information for investment research and industry analysis.
GlobalFoundries (GFS) has filed a lawsuit against IBM for alleged trade secret misappropriation, claiming IBM unlawfully disclosed GF's confidential intellectual property to partners including Intel and Japan's Rapidus. This lawsuit, filed in the Southern District of New York, stems from a 2015 sale of IBM's microelectronics business to GF. GF argues that IBM is unjustly profiting from licensing income exceeding hundreds of millions by leveraging technology that GF claims to exclusively own. The complaint also highlights IBM's recruitment efforts aimed at attracting GF's engineering talent, intensifying post the IBM/Rapidus partnership announcement. GF seeks compensatory and punitive damages, alongside an injunction against further disclosures of its trade secrets.
GlobalFoundries (GFS) announces the inaugural GFX Prize, awarding $50,000 to Dr. Yusheng Bian for his groundbreaking invention in silicon photonics technology.
This innovation is set to enhance data transfer speed and reliability in datacenters, crucial for modern technology. Dr. Bian holds over 170 patents and has been recognized as a leader in innovation. The GFX Prize is part of GF Patent Week, which encourages a culture of inventorship across the company.
Additionally, GF honored six new Master Inventors and recognized Laura Silverstein as the DEI in Inventorship Champion to support diversity in innovation. These initiatives underscore GF’s commitment to fostering talent and driving technological advancements.
GlobalFoundries (NASDAQ: GFS) has scheduled a conference call on May 9, 2023, at 8:30 a.m. ET to discuss its Q1 2023 financial results. The call will provide insights into the company’s performance and strategic direction. Interested parties can register for the call here. Financial results and a webcast will be available at the Investor Relations website.
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