GlobalFoundries New York: For Sale?

GlobalFoundries New York: For Sale?

GlobalFoundries chipmaking operation in New York – the one taking a pass on the 7nm semiconductor manufacturing process node – is up for sale according to industry source ComputerBasereport.

“A few days before the tenth anniversary, it is clear that Globalfoundries is still in difficult waters. Rumors now say that the former major shareholder, Abu Dhabi Advanced Technology Investment (ATIC), may seek and exit a buyer,”  according to an English translation of ComputerBase’s original article in German.

GlobalFoundries is currently owned by Advanced Technology Investment (ATIC), the investment arm of the Abu Dhabi government. It has two plants 200 mm manufacturing plants in New York; one in Malta, the other in Fishkill.

The company manufactures integrated circuits in high volume mostly for semiconductor companies such as AMD, Broadcom, Qualcomm, and STMicroelectronics. It has five 200 mm wafer fabrication plants in Singapore, one 300 mm plant each in Germany and Singapore, and three plants in the United States, the third being a 200 mm plant in Vermont.


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