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GlobalFoundries

Semiconductor foundry delivering specialized chips

Senior Principal Engineer Business Development

Full-Time
$143k - $275k
Expert
Santa Clara, CA, USA+1 moreMore locations: Michigan, USA
In Person
Sales & Account ManagementAccount Executive
Company Does Not Provide H1B Sponsorship

About the job

Requirements
  • At least 10 years of experience in business development, sales, or account management.
  • Background in semiconductor integrated circuits, ASIC/SoC, or foundry services.
  • Background in the data center electronics ecosystem.
  • Proven success in closing complex, high-value deals.
  • An established network within the North American ecosystem.
  • Strong understanding of data center system architectures.
  • Familiarity with processor IP and silicon development flows.
  • Strong customer engagement and negotiation capabilities.
  • Ability to operate independently and manage multiple opportunities.
  • Ability to communicate effectively across technical and commercial topics.
  • A structured pipeline and account management approach.
Responsibilities
  • Identify, develop, and close new opportunities across data center customers in North America.
  • Lead the full sales lifecycle from initial engagement to contract execution.
  • Drive strategic engagements involving platform solutions, custom silicon programs, and processor IP licensing.
  • Act as the primary account owner for key customers.
  • Build relationships across engineering, purchasing, and executive levels.
  • Develop and execute account strategies aligned with customer roadmaps.
  • Work with customer engineering teams to understand system requirements.
  • Position MIPS’ value proposition, including open RISC-V-based compute architectures, high-performance multi-threaded CPU IP, functional safety-ready solutions, and the end-to-end offering from IP to silicon.
  • Translate technical requirements into commercial proposals.
  • Develop and maintain a pipeline of qualified opportunities.
  • Ensure accurate forecasting and customer relationship management (CRM).
  • Track progress toward revenue targets.
  • Expand relationships with design houses, system integrators, and partners.
  • Support industry engagement through conferences, customer workshops, and the RISC-V ecosystem.
  • Strengthen MIPS’ presence in the North American data center market.
  • Partner with engineering, product management, marketing, and foundry teams.
  • Align internal stakeholders to drive successful customer engagements.
  • Provide input to the product roadmap based on market and customer needs.
  • Perform all activities safely and responsibly, and support Environmental, Health, Safety, and Security requirements and programs.
Desired Qualifications
  • Track record working with North American data center customers.
  • Experience selling silicon or platform-based solutions.
  • Experience with embedded compute architectures.

About the company

GlobalFoundries is a semiconductor foundry that manufactures chips for a broad range of customers, focusing on feature-rich, reliable technologies for cars, IoT, 5G, and other high-growth markets. It operates by fabricating silicon wafers for customer designs, offering mature, specialized processes rather than chasing the most advanced nodes. This makes it different from peers that prize the latest process nodes; GlobalFoundries emphasizes diversification across a global manufacturing footprint (U.S., Europe, Singapore) and stable supply for essential applications. Its goal is to be a leading supplier of high-volume, specialty manufacturing that enables reliable chips for everyday devices and growing tech markets.

Company Size

10,001+

Company Stage

IPO

Headquarters

Town of Malta, New York

Founded

2009

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Simplify's Take

What believers are saying

  • Marvell expanded SiGe capacity on September 17, 2026, signaling demand through 2027.
  • Commerce finalized a $375 million R&D award on September 8, 2026, plus a July $300 million framework.
  • SMART Photonics partnered with GF on September 21, 2026, widening its photonics platform and customer funnel.

What critics are saying

  • Smart mobile is 36% of revenue, and management expects low-teens decline in 2026.
  • Tower Semiconductor litigation in Texas and the ITC risks injunctions, distraction, and patent retaliation.
  • If AI photonics demand normalizes before 2027, GF's growth story reverts to commoditized mature-node fabs.

What makes GlobalFoundries unique

  • GlobalFoundries abandoned bleeding-edge nodes in 2018, specializing in feature-rich chips for autos and connectivity.
  • Its Malta, Burlington, Dresden, and Singapore footprint sells trusted regional supply to governments and enterprises.
  • GF owns uncommon SiGe, silicon photonics, and FDX process depth for optical and edge chips.

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Benefits

  • Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Yahoo Finance
Oct 15th, 2026
US doubles GlobalFoundries stake to about 8% in deal with up to $21B Japan-backed chip plants

The US government has doubled its equity stake in chipmaker GlobalFoundries to nearly 8%, President Donald Trump announced Wednesday. He said the stake is now "worth over 2 Billion Dollars" in a company with a market capitalisation of about $27.2 billion. The deal reallocates a $955 million award under the 2022 Chips and Science Act toward modernising the company's facilities. GlobalFoundries said the government is taking an additional stake of about 4%. A new vehicle co-owned by the US and Japanese governments will fund two fabrication plants, described as "up to $21 billion" in investment, with about $10 billion initially. GlobalFoundries will build and operate them, and expects about $3 billion in compensation over the next decade. The first plant is due online in 2029, the second in 2031.

Guggenheim Partners
Oct 14th, 2026
GlobalFoundries selected to operate two new semiconductor fabs in New York under landmark U.S.-Japan initiative | GlobalFoundries

GF has been selected as the technology provider and operator for two new fabs at its Malta, New York, site under a U.S.-Japan initiative.

Sohu
Oct 14th, 2026
GlobalFoundries to build two New York chip plants with up to $21B from Japan, US to take 4% stake

GlobalFoundries will build two new chip factories at its existing site in upstate New York, according to a deal announced on October 14. Japan's government will provide up to $21 billion in funding. The US government will buy about 4% of the company's shares. The two plants will be jointly held by the US and Japan. The new factories will make basic chips, reducing reliance on suppliers in East Asia.

Bloomberg
Oct 14th, 2026
GlobalFoundries to build two chip plants with up to $21B in Japanese backing

GlobalFoundries Inc. plans to build two new chip plants with backing of as much as $21 billion from the Japanese government. The arrangement is part of a US-Japan deal that also includes the US taking a 4% stake in the company.

Yahoo Finance
Oct 8th, 2026
TSMC signs $2B deal with GlobalFoundries for AI chip silicon interposers at New York plant

GlobalFoundries shares rose nearly 6% Thursday after announcing a $2 billion manufacturing deal with Taiwan Semiconductor Manufacturing Company to produce silicon interposers at its New York facility. The five-year agreement will support expanded manufacturing capacity, with volume production expected to begin in the first half of 2028. The facility is set to become the first US-based source of silicon interposers for advanced packaging technologies. These components are crucial for TSMC's Chip-on-Wafer-on-Substrate technology, which connects AI processors with high-bandwidth memory. The deal addresses constraints in TSMC's CoWoS packaging capacity, which has become a bottleneck for AI chip production. Counterpoint Research estimates the supply-demand gap could remain around 20% in 2026 before narrowing to roughly 10% in 2027.