An Abu Dhabi-backed firm has invested $100m ... It owns a majority stake in the manufacturer Global Foundries and has reportedly held talks with Sam Altman, the OpenAI chief executive, about ...

It also comes as GlobalFoundries, majority owned by Abu Dhabi's sovereign wealth fund Mubadala Investment Co, is slated to receive around $1.5 billion from the Commerce Department to build a new ...

Mubadala Investment Company PJSC, or simply Mubadala, is a state-owned global investment firm that acts as one of the sovereign wealth funds of the government of Abu Dhabi. The company was established ...

Globalfoundries was created by merging the former manufacturing operations of Advanced Micro Devices Inc with Singapore's ...

MALTA, N.Y. (NEWS10) — Leading semiconductor manufacturer GlobalFoundries is preparing to lay off about 5.3% of its global workforce ... selling GlobalFoundries to Abu Dhabi-based technology ...

A global chip shortage in the midst of the pandemic ... Funding was provided by Mubadala, an Abu Dhabi sovereign wealth fund that still owns a controlling stake. GlobalFoundries opened a new ...

The funding comes under the so-called Chips Act, which Congress passed in 2022 to reinvigorate US semiconductor production in the face of concern over global ... of Abu Dhabi, which assembled ...

Prior to joining GlobalFoundries, Breen held a senior executive position at Mubadala Investment Company, Abu Dhabi's sovereign wealth fund and GlobalFoundries' largest stakeholder. Caulfield ...

Leading semiconductor manufacturer GlobalFoundries is preparing to lay off up to 800 employees, or about 5.3 percent of the company’s global workforce ... selling it to Abu Dhabi-based ...