GlobalFoundries partners with DOE Genesis Mission for AI chip development
Get Alerts GFS Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
Revenue Growth %: +4.1%
Join SI Premium – FREE
GlobalFoundries Inc. (NASDAQ: GFS) announced a partnership with the U.S. Department of Energy's Genesis Mission to support AI and advanced computing research. The semiconductor manufacturer will provide access to its U.S. manufacturing platform and design resources to researchers from national laboratories, universities and industry partners.
Under the agreement, GF Labs will lead collaboration efforts to connect research teams with manufacturing capabilities. The partnership aims to bridge the gap between AI chip design concepts and working silicon prototypes through GlobalFoundries' multi-project wafer program.
"American science is generating extraordinary ideas in AI and advanced computing. What's been missing is the bridge from lab to fab," said Tom Caulfield, executive chairman of GlobalFoundries. "By bringing our U.S. manufacturing platform, our PDKs and our multi-project wafer program to the Genesis Mission, we can give researchers a real path from concept to working silicon."
The collaboration will focus on AI-enabled semiconductor design, providing access to GF technology platforms including process design kits and device models. The partnership also encompasses prototype fabrication services and support for translating research into functional prototypes and pre-commercial designs.
Additional areas of cooperation include advancement of silicon photonics for data centers and quantum computing technologies. The Genesis Mission is a Department of Energy initiative led by the Under Secretary for Science to accelerate scientific discovery through artificial intelligence and advanced computing.
Industry partners in the Genesis Mission contribute technical expertise and infrastructure to advance research objectives in partnership with national laboratories and academic institutions. GlobalFoundries operates manufacturing facilities across the United States, Europe and Asia.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Getty Images strikes multi-year display deal with OpenAI for ChatGPT
- Goldman Sachs Upgrades China Resources Microelectronics Ltd (688396:CH) to Neutral
- Barclays Reinstates Dauch Corporation (DCH) at Equalweight
Create E-mail Alert Related Categories
Corporate NewsRelated Entities
Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share