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TSMC, GlobalFoundries Set To Win Final Chips Act Awards
TSMC, GlobalFoundries poised to get final Chips Act awards, sources say
Taiwan Semiconductor Manufacturing Co, GlobalFoundries and at least one other chipmaker are poised to receive their final Chips and Science Act awards from the Biden administration, two people briefed on the matter said.
TSMC and GlobalFoundries Finish Talks Over Chips Act Awards
Taiwan Semiconductor Manufacturing Co. and GlobalFoundries Inc. have finished negotiating binding agreements for billions of dollars in grants and loans to support US factories, people familiar with the matter said.
TSMC, GlobalFoundries Set To Win Final Chips Act Awards: Report
The Chips Act allocates $39 billion in grants, along with billions more in loans and 25% tax credits, to boost U.S. semiconductor manufacturing after much of the production moved to Asia.
GlobalFoundries' poised to get final Chips Act award - source
GlobalFoundries and at least two other chipmakers are poised to receive their final Chips and Science Act awards from the Biden administration, a person briefed on the matter said, a sign of progress amid growing concerns about the pace of the award rollout.
Bloomberg on MSN
13h
TSMC, GlobalFoundries Finish Talks Over Billions in Chips Awards
Taiwan Semiconductor Manufacturing Co. and
GlobalFoundries
Inc. have finished negotiating binding agreements for billions ...
13h
on MSN
GlobalFoundries' poised to get final Chips Act award, source says
By David Shepardson, Karen Freifeld and Alexandra Alper WASHINGTON (Reuters) -GlobalFoundries and at least two other ...
16h
on MSN
Why Globalfoundries Rallied Today
While communications infrastructure, Internet of Things, and automotive chips still all posted sales declines, sales of chips ...
18h
GlobalFoundries price target lowered to $50 from $63 at Baird
Baird lowered the firm’s price target on GlobalFoundries (GFS) to $50 from $63 and keeps an Outperform rating on the shares. The firm ...
1d
GlobalFoundries shares jump on strong mobile business growth
Shares of GlobalFoundries Inc. jumped more than 14% today after the company disclosed that its mobile chip business grew much ...
Digi Times
1d
GF faces penalties for shipments to SJS despite SMIC, JCET divesting stakes
The US Department of Commerce's Bureau of Industry and Security (BIS) announced on November 1 that GlobalFoundries (GF), a US ...
18h
GlobalFoundries Inc: Strong Performance and Strategic Diversification Support Buy Rating
Analyst Blayne Curtis of Jefferies maintained a Buy rating on GlobalFoundries Inc (GFS – Research Report), with a price target of $50.00.
Datacenter Dynamics
2d
GlobalFoundries fined for shipping wafers to sanctioned Chinese firm
GlobalFoundries (GF) has been fined $500,000 by the Department of Commerce for shipping chip components to a company on the ...
Digi Times
1d
GlobalFoundries' 3Q24 earnings: 7% revenue growth driven by design wins despite YoY decline
GlobalFoundries (GF) posted earnings results for the third quarter of 2024 that ended September 30, 2024, achieving 7% ...
5d
Chipmaker GlobalFoundries Faces $500,000 Fine for Banned Shipments to China
The Biden administration said it had reached a settlement after the U.S. chipmaker voluntarily disclosed that it had shipped ...
1d
GlobalFoundries Rallies After Forecast Sails Past Estimates
GlobalFoundries Inc., the largest US maker of made-to-order semiconductors, rose the most since its initial public offering three years ago after delivering a surprisingly upbeat forecast.
18h
GlobalFoundries Inc. Hold Rating: Awaiting Cyclical Recovery Amid Growth Opportunities and Valuation Challenges
Analyst Vivek Arya from Bank of America Securities reiterated a Hold rating on GlobalFoundries Inc (GFS – Research Report) and decreased ...
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