GlobalFoundries, which was spun off from Advanced Micro Devices (AMD) in 2009, is the world’s third-largest foundry based on revenue. In 2020, the company reported revenue of $5.7 billion. As demand for chips surged in 2021, GlobalFoundries’ net revenue for the first half of the year was $3.04 billion, an increase of about 13% from a year earlier. Some of the company’s largest customers include several Nasdaq-listed companies, such as Qualcomm (QCOM), NXP Semiconductors (NXPI), AMD and Broadcom (AVGO).
GlobalFoundries Inc. is a multinational semiconductor contract manufacturing and design company incorporated in the Cayman Islands and headquartered in Malta, New York.
Headquarters: Santa Clara, CA
CEO: Thomas Caulfield (Mar 9, 2018–)
Revenue: 6 billion USD (2020)
Number of employees: 15,000
Founded: March 2, 2009, Sunnyvale, CA
- IPO date: Oct. 28
- Nasdaq’s largest U.S. IPO by proceeds raised in 2021 and the largest semiconductor IPO in its history.
