Core Insights - GlobalFoundries has entered into a technology licensing agreement with TSMC for 650V and 80V Gallium Nitride (GaN) technology, aimed at enhancing its next generation of GaN products for various applications [1][4] - The agreement is part of GF's strategy to address the limitations of traditional silicon CMOS technologies and meet the growing demand for efficient power systems [2][4] - GF plans to qualify the licensed GaN technology at its Burlington, Vermont facility, with development starting in early 2026 and production expected to begin later that year [3] Group 1: Technology and Applications - GaN technology is emerging as a solution for higher efficiency, power density, and compactness in power systems, particularly for electric vehicles, datacenters, renewable energy systems, and fast-charging electronics [2] - GF's GaN solutions are designed for harsh environments, focusing on reliability across process development, device performance, and application integration [2] Group 2: Strategic Focus - The licensing agreement reinforces GF's commitment to innovation and its focus on differentiated technologies that address critical power needs across various sectors, including datacenters, automotive, and industrial applications [4] - GF aims to deliver differentiated solutions that fill critical power gaps in mission-critical applications [4] Group 3: Company Overview - GlobalFoundries is a leading semiconductor manufacturer, providing essential products for automotive, smart mobile devices, IoT, and communications infrastructure [5] - The company operates globally, with a manufacturing footprint across the U.S., Europe, and Asia, emphasizing security, longevity, and sustainability in its operations [5]