DocMemory
 
Home
News
Products
Shop
Memory
Corporate
Contact
 

News
Industry News
Publications
CST News
Help/Support
Member Area
Tester Brochure
Demo Library
Software
Tester FAQs

biology medicine news product technology definition

Tuesday, December 12, 2017
Memory Industry News
Email ArticlePrinter Format PreviousNext

GlobalFoundries invvesting into silicon startups


Wednesday, October 25, 2017

GlobalFoundries has been spending money in Silicon Valley that could pay dividends in Saratoga County someday.

The company, which employs 3,100 people at its Fab 8 computer chip factory in Malta, has become an active player in California's investment scene, along with other tech heavyweights like Intel and Cisco.

One of its multi-million-dollar investments is in a company calledAquantia Corp. in San Jose that is planning a $94 million initial public offering in the near future.

"Globalfoundries, like many technology companies, makes strategic investments to help drive innovation in the semiconductor industry," GlobalFoundries spokesman Steve Grasso said Monday, although he declined to speak specifically about Aquantia or its IPO.

Aquantia makes switches used in high-speed data networks that are becoming more sophisticated as data centers handle more and more traffic.

The IPO would be small for Wall Street's standards: The social media app-maker Snap held a $3.4 billion IPO earlier this year. But it shows that GlobalFoundries,created just eight years ago as a spin-off from Advanced Micro Devices,is becoming increasingly influential as a behind-the-scenes player in Silicon Valley.

The model is common in the global semiconductor industry, where research and development costs are high and the number of full-scale manufacturers is small.

Because of that dynamic, manufacturers like GlobalFoundries and Intel will invest in their customers and suppliers to ensure that they have a solid base of both in the future.

By: DocMemory
Copyright 2017 CST, Inc. All Rights Reserved

Email ArticlePrinter Format PreviousNext
Latest Industry News
Samsung spending $26 billion to dominate the memory market12/11/2017
Nvidia offers graphic card for AI on desktop12/11/2017
Toshiba reached agreement to settle dispute with WD12/11/2017
MediaTek and Qualcomm to embrace entry level Android Go 12/11/2017
Samsung to hire 1000 "cream-of-the-crop" engineers in India12/8/2017
TSMC estimate 3nm setup to cost $20 billion12/8/2017
Phison to ship PCIe 3.0 NVMe controllers12/8/2017
Broadcom's strong profit to help acquisition fight12/8/2017
Chip manufacturers are seeking high-voltage MOSFET production supports 12/7/2017
Volkswagen senior manager to get jail term12/7/2017

CST Inc. Memory Tester DDR Tester
Copyright © 1994 - 2017 CST, Inc. All Rights Reserved