GlobalFoundries Chief Strategy Officer Michael James Hogan sold 2,700 ordinary shares and gifted 100 shares on 8 and 9 July 2026, according to an SEC filing. The transactions reduced his direct shareholding by 78%, leaving him with 795 shares. The sales were executed at $66.83 per share under a pre-arranged Rule 10b5-1 plan. The dispositions occurred after GlobalFoundries shares delivered a 70% one-year return as of 9 July 2026. GlobalFoundries operates as a global semiconductor foundry, manufacturing integrated circuits for telecommunications, automotive, industrial, consumer electronics, and computing sectors. The company reported trailing twelve-month revenue of $6.8 billion and net income of $778 million, with a market capitalisation of $38.2 billion.

GlobalFoundries has qualified its SLATE wafer-to-wafer bonding technology on the 9SW radio-frequency silicon-on-insulator platform for production, with volume manufacturing expected in the second half of 2027. The technology enables 3D integration for cellular front-ends, reducing die size by up to 45% for space-constrained mobile applications. Manufactured at GF's 300mm Singapore facility, SLATE allows designers to bond two 9SW wafers and stack large field-effect transistors vertically. The technology supports applications including switches, low-noise amplifiers and antenna tuners in 5G mobile devices and satellite communications. The 9SW platform, introduced in 2023, delivers over 20% efficiency enhancement whilst reducing standby currents for longer battery life. An integrated process design kit is available through GF Connect, with prototyping accessible via GlobalShuttle multi-project wafer programme.

GlobalFoundries and Qualinx have completed the first fully European end-to-end semiconductor manufacturing flow at GlobalFoundries' Dresden facility, demonstrating that security-critical chips can be designed, manufactured and delivered entirely within Europe. The milestone ensures no sensitive design data or physical materials leave the European Union. Qualinx served as the launch customer with a GNSS system-on-chip design for secure positioning, navigation and timing applications in aerospace, defence and critical infrastructure. The partnership utilises GlobalFoundries' FDX technology and is co-funded by the European Chips Act. GlobalFoundries aims to establish a fully automated trusted European flow by the end of 2026, with regular customer access beginning in 2027. The company is also collaborating with Deutsche Telekom to secure data flows across the semiconductor value chain within Europe.