Maham Fatima
Sat, May 23, 2026 astatine 4:15 PM CDT 1 min read
The inaugural is backed by a planned $375 cardinal CHIPS R&D grant from the US Department of Commerce, which volition besides person an approximate 1% strategical equity involvement successful GlobalFoundries. This concern aims to fortify nationalist security, physique supply-chain resilience, and make thousands of American jobs.
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Using GlobalFoundries Inc.’s (NASDAQ:GFS) flexible US footprint and FDX platform, the foundry volition modulation quantum hardware from lab-scale to concern production. Major manufacture partners, including Google Quantum AI, Microsoft, NVIDIA, and assorted quantum innovators, enactment the inaugural to accelerate scalable quantum deployment.
GlobalFoundries Inc. (NASDAQ:GFS) is simply a starring multinational semiconductor shaper operating arsenic a pure-play foundry, producing chips designed by different companies.
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