Full-Time
Designs and manufactures custom ASIC chips
$176k - $225.9k/yr
Mid, Senior
Company Does Not Provide H1B Sponsorship
Malta, NY, USA
In Person
GlobalFoundries specializes in the design and production of application-specific integrated circuits (ASICs) through its Avera Semiconductor division, which focuses on creating custom silicon solutions for various markets such as networking, data centers, and automotive. The company collaborates closely with clients to develop chips that meet their specific requirements, providing a tailored approach that helps clients gain a competitive edge. Avera's primary customers are large technology firms that need high-performance, custom-designed chips for applications ranging from 5G infrastructure to self-driving vehicles. The goal of GlobalFoundries is to deliver specialized semiconductor solutions that enhance the performance and capabilities of its clients' products.
Company Size
N/A
Company Stage
Acquired
Total Funding
$600M
Headquarters
Santa Clara, California
Founded
N/A
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MALTA, N.Y. and SAN JOSE, Calif., July 08, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today announced a definitive agreement to acquire MIPS, a leading supplier of AI and processor IP. This strategic acquisition will expand GF’s portfolio of customizable IP offerings, allowing it to further differentiate its process technologies with IP and software capabilities.“MIPS brings a strong heritage of delivering efficient, scalable compute IP tailored for performance-critical applications, which strategically aligns with the evolving demands of AI platforms across diverse markets,” said Niels Anderskouv, president and chief operating officer at GlobalFoundries. “Through this acquisition, we will expand our capabilities to offer customers more flexible solutions, paired with our differentiated process technologies and world-class manufacturing to help them build best-in-class products. This acquisition will be a powerful step forward to push the boundaries of efficiency and performance across a broad range of applications in automotive, industrial and datacenter infrastructure.”MIPS recently expanded its processor IP offerings, based on open RISC-V specification, with the launch of its Atlas portfolio, a comprehensive suite of compute cores designed for real-time and application processing as well as specialized AI edge processing cores. Additionally, MIPS also introduced Atlas Explorer, a virtual platform that enables optimization of performance, power and area to shift-left in the design cycle.“Becoming part of GlobalFoundries marks the start of a bold new chapter for MIPS,” said Sameer Wasson, CEO of MIPS
GlobalFoundries to spend $2.3 Million to occupy 18,364 square feet of space in Austin Texas. GlobalFoundries to spend $2.3 Million to occupy 18,364 square feet of space in Austin Texas.Austin, Texas — According to state and local development sources, GlobalFoundries plans to invest $2,300,000.00 to build out 18,364 square feet of new space in Austin. The company plans to occupy the new space at 98 San Jacinto L12 Suite 1200 in Austin, on or about January 1, 2026. According to the company website GlobalFoundries Inc. (GF) is one of the worlds leading semiconductor manufacturers. GF delivers feature-rich solutions that enable its customers to develop innovative products for pervasive chips for high-growth markets
GlobalFoundries to spend $575 Million to expand into new space in New York City. GlobalFoundries to spend $575 Million to expand into new space in New York City.New York, New York — According to state and local development sources, GlobalFoundries plans to invest $575,000,000.00 to build out new space in New York. The company plans to occupy the new space in New York, on or about December 1, 2026. According to the company website GlobalFoundries Inc. (GF) is one of the worlds leading semiconductor manufacturers. GF delivers feature-rich solutions that enable its customers to develop innovative products for pervasive chips for high-growth markets
ESSEX JUNCTION, Vt., Dec. 04, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries GFS (GF) has received an additional $9.5 million in federal funding from the U.S. government to advance the manufacturing of GF's essential gallium nitride (GaN) on silicon semiconductors at its facility in Essex Junction, Vermont. The funding moves GF closer to large-scale production of GaN chips. With the ability to handle high voltages and temperatures, GaN chip technology is essential for enabling higher performance and greater energy efficiency across a range of RF and high-power control applications including automobiles, datacenter, IoT, aerospace and defense. With the award, GF will continue to add new tools, equipment and prototyping capabilities to its market-leading GaN IP portfolio and reliability testing as the company moves closer to full-scale manufacturing of its 200mm GaN chips in Vermont
Roundtable highlights collaborative efforts, best practices to address workforce development challenges and expand pathways to semiconductor and advanced manufacturing careers in New York. ALBANY, N.Y., Nov. 22, 2024 /PRNewswire/ -- Today, during National Apprenticeship Week and one day after National Semiconductor Day™, the National Institute for Industry and Career Advancement™ (NIICA), in partnership with Capital Region BOCES, hosted a roundtable discussion titled "Semiconductors for Tomorrow: Strengthening New York's Talent Pipeline Through Registered Apprenticeships." The event convened Congressman Paul Tonko (D-NY), alongside industry leaders, educational institutions, and workforce development organizations, to discuss how Registered Apprenticeships (RAs) and collaborative efforts are creating pathways to high-demand careers in the semiconductor and advanced manufacturing sectors. The event spotlighted New York's emerging leadership in the semiconductor industry, building on recent announcements such as NY CREATES' Albany NanoTech Complex being named the CHIPS for America EUV Accelerator, a National Semiconductor Technology Center facility that will act as the U.S. headquarters for research into extreme ultraviolet (EUV) lithography. This selection positions New York as a global hub for advanced semiconductor innovation, further emphasizing the critical need for a skilled workforce to support these advancements in the region