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GlobalFoundries Expands Partnership with Apple to Advance Wireless Connectivity and Power Management, Reinforcing U.S. Chip Manufacturing Leadership
Globenewswireยท 2025-08-06 21:34
Core Insights - GlobalFoundries has entered into a deeper collaboration agreement with Apple to advance semiconductor technologies and strengthen U.S. manufacturing [1][2] - The partnership aims to accelerate investments at GlobalFoundries' semiconductor manufacturing facility in Malta, New York, focusing on power-efficient and AI-enabling technologies [2][3] - This agreement marks a significant milestone in the decade-long partnership between GlobalFoundries and Apple, emphasizing the importance of U.S. semiconductor manufacturing and supply chain resilience [3] Investment and Commitment - Apple has committed $600 billion to the U.S. over the next four years, highlighting its dedication to American innovation and job creation [3] - GlobalFoundries plans to invest $16 billion to expand semiconductor manufacturing and advanced packaging across its facilities in New York and Vermont [3] Strategic Importance - The collaboration is aligned with U.S. administration policies that prioritize American leadership in AI and domestic semiconductor manufacturing for national security [3] - GlobalFoundries is recognized as a leading manufacturer of essential semiconductors, serving various high-growth markets including automotive and smart mobile devices [4]