GlobalFoundries

The company powers the world’s essential technologies.

The company offers internships, co-op positions, new college graduate roles and apprenticeships.

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Experience a culture where innovation thrives and every employee is empowered to grow.

GlobalFoundries (GF) is a leading manufacturer of essential semiconductors the world relies on to live, work and connect.

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Qualcomm’s stock dropped over 6% after missing revenue targets and delivering weak guidance, despite beating earnings expectations. The company reported $10.44 billion in revenue (up 8% YoY) but fell short of analyst projections, with smartphone chip sales declining 26% to $5.14 billion. While its automotive and IoT segments grew, AI data center revenue remained small at $650 million, though CEO Cristiano Amon targets $5 billion by fiscal 2027. Arm’s stock fell 2% after modest earnings growth (52 cents/share) and cautious guidance, with AI-driven data center royalties doubling. GlobalFoundries outperformed peers, beating earnings estimates (53 cents/share) on $1.9 billion in revenue, driven by AI demand, but its stock stayed flat.

Nov 2026SiliconANGLENews article

Anthropic files for an IPO, listing risks like heavy reliance on computing power, uncertain customer spending, and existential threats. The company depends on SpaceX for a significant portion of its compute needs. Meanwhile, Meta plans to issue $95 billion in stock for AI infrastructure, while cloud providers like Google, Microsoft, and Amazon face investor concerns over spending and market saturation. Analysts warn of potential AI neocloud failures as credit dries up, despite ongoing massive investments in AI infrastructure.

Oct 2026SiliconANGLENews article

Helion Energy secures a potential **$175 million CHIPS Act award** from the U.S. Department of Commerce to advance high-voltage semiconductor R&D for fusion energy. The three-year program includes **$100M+ for Everett-based manufacturing** of next-gen semiconductors and **$80M in partnership with GlobalFoundries** for R&D. Helion will also invest **$50M in private funding**, expanding its semiconductor team and creating over **100 jobs**. The initiative supports Helion’s goal of commercializing fusion power, with its **Orion plant in Malaga, Wash.** targeting operations in **2028** and supplying Microsoft with electricity.

Oct 2026GeekWireNews article

Helion secures **$175M in federal CHIPS Act funding** to develop advanced semiconductors and power electronics, aiming to halve energy losses in its fusion power plants and **double output**. The startup plans to build the first U.S. production line for high-voltage, pulsed semiconductors in Washington State, supporting its **2028 Orion power plant** for Microsoft. Additional **$50M in private funding** brings Helion’s total raised to over **$3.2B**, positioning it as a leader in fusion energy. The technology also supports defense, manufacturing, and wastewater treatment applications.

Oct 2026TechCrunchNews article