Tag Archives: GlobalFoundries

US government takes $2 billion equity stake in nine quantum computing firms

“These strategic quantum technology investments will build on our domestic industry, creating thousands of high-paying American jobs while advancing American quantum capabilities,” he added. The move is the latest in a series of attempts by the Trump administration to intervene in the market, offering grants to companies in strategic sectors, such as semiconductors and critical… Read More »

Ford and chipmaker announce noncommittal “partnership” to alleviate shortages

Bloomberg | Getty Images reader comments 35 with 23 posters participating Share this story In an effort to combat the ongoing global chip shortage, chipmaker GlobalFoundries and the Ford Motor Company have announced a “strategic collaboration” today, both via press release and coverage in The Wall Street Journal. The “non-binding agreement,” according to the release,… Read More »