Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
GlobalFoundries, TSMC Agree to Establish US Supply of Silicon Interposers

GlobalFoundries, TSMC Agree to Establish US Supply of Silicon Interposers

MT newswireMT newswire2026/10/08 12:54

08:54 AM EDT, 10/08/2026 (MT Newswires) -- GlobalFoundries (GFS) said Thursday it has signed a five-year, $2 billion manufacturing agreement with Taiwan Semiconductor Manufacturing (TSM) to establish a US-based supply of silicon interposers for TSMC's advanced packaging ecosystem. Under the terms, GlobalFoundries will provide manufacturing services to TSMC, and expand fabrication capacity at its Malta, New York facility, it said, adding that volume production at the site will begin ramping during H1 2028. The additional manufacturing capacity is slated to provide greater scale and flexibility for delivering advanced packaging solutions for multiple product generations, GlobalFoundries further said. Shares of GlobalFoundries were up 4%, while TSMC's stock traded lower in Thursday premarket activity.

08:54 AM EDT, 10/08/2026 (MT Newswires) -- GlobalFoundries (GFS) said Thursday it has signed a five-year, $2 billion manufacturing agreement with Taiwan Semiconductor Manufacturing (TSM) to establish a US-based supply of silicon interposers for TSMC's advanced packaging ecosystem. Under the terms, GlobalFoundries will provide manufacturing services to TSMC, and expand fabrication capacity at its Malta, New York facility, it said, adding that volume production at the site will begin ramping during H1 2028. The additional manufacturing capacity is slated to provide greater scale and flexibility for delivering advanced packaging solutions for multiple product generations, GlobalFoundries further said. Shares of GlobalFoundries were up 4%, while TSMC's stock traded lower in Thursday premarket activity.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

BP shuts down production at two platforms due to Hurricane Isaias

BP: Due to Hurricane Isaias, all personnel have been evacuated from the NA KIKA and Thunder Horse platforms, and production at both sites has been shut down.

智通财经•2026/10/08 16:31

The European Union Gas Coordination Group says that liquefied natural gas supply depends on temperature and demand.

The EU Gas Coordination Group stated that the supply of liquefied natural gas will depend on temperatures and demand.

智通财经•2026/10/08 16:17

The EU Gas Coordination Group says the gas system has sufficient flexibility for winter.

The EU Gas Coordination Group stated that the gas system has sufficient flexibility for the winter.

智通财经•2026/10/08 16:17