Semiconductor chipmaker Global Foundries, which has planned to set up a fab-less centre for design and testing, has sought additional space in Bengal. The company has already got possession of a floor ...

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This leaves the outlook for 2025 uncertain. TrendForce forecasts that the capacity utilization rate for the top 10 global foundries’ mature processes will increase slightly to over 75% next year.

GlobalFoundries' expansion reflects growing efforts to strengthen Europe's semiconductor supply chain and reduce dependency on imports amid rising global demand for chips.

By the end of April 2025, UNHCR estimates that the global number of forcibly displaced people has likely fallen slightly by 1 per cent to 122.1 million, the first decrease in well over a decade.

The announcement builds on previously announced plans to invest $13 billion across facilities in Saratoga County and Vermont. © 2025 American City Business Journals ...

Chip manufacturer GlobalFoundries said on Wednesday it planned to increase its investment plans to $16 billion, allocating an additional $1 billion to capital spending and $3 billion to research in ...

In contrast, global leaders like TSMC and Samsung provide 3 nm products and are expected to move on to 2 nm in 2025. Industry publications suggest leading foundries can deliver manufacturing ...

TSMC shares rose on Wednesday as investor sentiment improved after GlobalFoundries announced a $16 billion investment to expand U.S. chip manufacturing, according to Benzinga. GlobalFoundries ...