GlobalFoundries Unveils Advanced Packaging Center in New York

GlobalFoundries Unveils Innovative Center for Advanced Packaging

GlobalFoundries (Nasdaq: GFS) has exciting news as it embarks on a transformative journey to establish a groundbreaking center dedicated to advanced packaging within its New York facility. This initiative is bolstered by significant investments from local state initiatives and the U.S. Department of Commerce. The center will focus on ensuring that essential semiconductor chips are entirely manufactured, processed, packaged, and tested within the United States. This is particularly crucial as the demand for silicon photonics and various essential chips surges in vital industries such as AI, automotive, aerospace, defense, and communications.

Meeting Demand Through Advanced Solutions

The remarkable growth in artificial intelligence is a key driver behind the need for silicon photonics and advanced chip technologies, including 3D and heterogeneously integrated (HI) chips. These technologies are vital for meeting the intense power, bandwidth, and density requirements prevalent in modern data centers and edge devices. Moreover, silicon photonics chips are set to play a crucial role in enhancing power and performance across essential sectors such as automotive systems, communications, radar, and other critical infrastructures. The forthcoming New York Advanced Packaging and Photonics Center will provide cutting-edge facilities and capabilities that include:

State-of-the-Art Packaging and Testing

The center aims to deliver advanced packaging, assembly, and testing for GF’s distinguished silicon photonics platform, effectively merging optical and electrical components on a single chip to maximize efficiency and performance.

Supporting Aerospace and Defense

Additionally, full turnkey advanced packaging tailored for aerospace and defense clients will be available under GF’s Trusted Foundry accreditation, ensuring that sensitive national security chips remain within the U.S. throughout their entire production cycle.

Investing in Future Growth

To facilitate the development of new production capabilities for advanced packaging, wafer-to-wafer bonding, assembly, and testing of 3D and HI chips, GF will utilize its leading manufacturing platforms such as 12LP+ and 22FDX®. This expansion is crucial in responding to customer demand for more geographical diversity in supply chains and greater support for advanced packaging solutions.

Dr. Thomas Caulfield, president and CEO of GlobalFoundries, expressed enthusiasm about the collaboration with both state and federal levels, emphasizing that the New York Advanced Packaging and Photonics Center will stand out in the semiconductor industry. It represents a significant step forward in fostering New York as a center for semiconductor manufacturing and innovation.

Major Financial Commitment

GlobalFoundries' overall investment in the New York Advanced Packaging and Photonics Center is projected to reach $575 million, complemented by an additional $186 million allocated for research and development efforts over the next decade. This initiative is anticipated to create approximately 100 full-time jobs at GF in New York within the next five years.

Support from New York State will include an additional $20 million earmarked for the new center, adding to the previously announced $550 million aimed at supporting GF through the New York State Green CHIPS program. Additionally, the U.S. Department of Commerce will provide up to $75 million in direct funding to support the center, consolidating GF's efforts under the CHIPS and Science Act.

GlobalFoundries: A Leader in Semiconductor Manufacturing

Employing around 2,500 individuals at its Malta, New York facility, GlobalFoundries has made substantial investments exceeding $16 billion since the site's inception in 2011. The fab has achieved Trusted Foundry accreditation and engages in producing secure chips in collaboration with the U.S. government.

About GlobalFoundries

GlobalFoundries stands out as a leading semiconductor manufacturer globally, playing a crucial role in the technology powering our everyday lives. The company is committed to innovation, partnering with clients to create energy-efficient, high-performance products across multiple high-growth markets including automotive, smart mobile devices, internet of things, and communications infrastructure.

Frequently Asked Questions

What is the purpose of the new center created by GlobalFoundries?

The center aims to advance the packaging and testing of U.S.-made semiconductor chips, ensuring they are manufactured securely within the United States.

How will the new center impact the semiconductor industry?

It will enhance manufacturing capabilities, support job creation, and meet the rising demand for advanced semiconductor solutions across various industries.

What industries will benefit from the new technology?

Key industries benefiting include AI, automotive, aerospace, defense, and communications, as the center will produce critical chips for these sectors.

How much has GlobalFoundries invested in the new center?

GlobalFoundries has committed $575 million to the center, with an additional $186 million dedicated to research and development over the next ten years.

What type of jobs will be created as a result of this investment?

Approximately 100 full-time jobs are expected to be created at GlobalFoundries in New York over the next five years.

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