JUser: :_load: Unable to load user with ID: 766
Displaying items by tag: globalfoundries
MALTA — GlobalFoundries announced its expansion plans for its most advanced manufacturing facility in upstate New York over the coming years. The plans include immediate investments to address the global chip shortage at its existing Fab 8 facility as well as construction of a new fab on the same campus that will double the site’s capacity.
The announcement was made July 19 as the company convened leaders from government and industry to progress the national discussion around solving U.S. semiconductor supply chain challenges. CEO Tom Caulfield was joined by U.S. Senate Majority Leader Chuck Schumer, U.S. Secretary of Commerce Gina M. Raimondo, former Pentagon officials, and executives from leading companies throughout the semiconductor supply chain.
GF will invest $1 billion to immediately add an additional 150,000 wafers per year within its existing fab to help address the global chip shortage and plans to construct a new fab that will create more than 1,000 new direct high-tech jobs and thousands more indirect jobs including high-paying construction jobs for the region, according to the company.
Following the successful investment model of Fab 8, GF is planning to fund the new facility through private-public partnerships including customers, federal and state investments. This new capacity will serve the growing demand for secure, feature-rich chips needed by high-growth markets including automotive, 5G connectivity and the Internet of Things. The facility will also support national security requirements for a secure supply chain.
The company recently announced a new fab in Singapore and $1 billion planned investment to expand in Germany as part of its broader global expansion plans to meet the growing demand from customers worldwide.
“Our expansion and job creation in Malta requires a new economic model, based on the bold public-private partnerships being championed in Washington by visionary leaders Senator Schumer and Secretary Raimondo, as well as close collaboration with our customers,” GF CEO Tom Caulfield said July 19. “Our industry is expected to grow more in the next decade than it did in the past 50 years and GF is stepping up to do its part as we work together to address the growing demand for technology innovation for the betterment of humanity. We are honored to be joined by government and automotive leaders, national security experts, and our valued customers to continue the critical discussions needed to create a reliable supply of American-made chips to support the U.S. economy and national security.”
“As Majority Leader, I worked hard with companies like GlobalFoundries to craft and pass the bipartisan U.S. Competition and Innovation Act, providing $52 billion to expand the domestic semiconductor industry and supercharge the GlobalFoundries expansion of Fab 8 and building a new fab in Malta,” said U.S. Sen. Charles Schumer. “Today’s announcement is a win-win-win: a win for jobs in the Capital Region, a win for GlobalFoundries, and a win for U.S. government, automakers, and other critical industries that desperately need chips.”
GF employs more than 15,000 worldwide with 7,000 people across the U.S., and nearly 3,000 at its headquarters in Malta, New York.
GF is owned by Mubadala Investment Company. For more information, visit www.gf.com.
MALTA — Globalfoundries is relocating its headquarters to Malta, the site of Fab 8, the company’s most advanced semiconductor manufacturing facility.
GF has invested more than $15 billion in its Fab 8 facility over the last decade to support innovation and manufacturing capacity. In 2021, the company is doubling its planned investment to expand global capacity, with $500 million targeted for Malta alone.
“This is a huge shot in the arm for our Capital Region economy,” U.S. Sen. Charles Schumer explained during an event held April 26, announcing the company’s plans to relocate its headquarters.
In a prepared statement, the company said the move to its state-of-the-art fab in New York is part of its commitment to address the soaring global chip demand, with a focus on semiconductor manufacturing innovation.
GF will maintain a substantial presence in Santa Clara, California, in the heart of Silicon Valley, where many of GF’s leading U.S. customers and ecosystem partners are based.
“Today, GF’s Fab 8 in New York is a $15 billion advanced semiconductor manufacturing facility and one that is playing a key role in the transformation of our industry to meet rapidly accelerating demand,” said GF CEO Tom Caulfield. “Our amazing 3,000-person workforce, in partnership with our local, state, and federal leaders, will together build on GF’s success, solidifying the Empire State’s place as one of a few world-class semiconductor manufacturing hubs at a time when our national and economic security depends more and more on what we can make here at home,” he said.
On April 21, the U.S. Senate introduced the Endless Frontier Act – a bill that would increase American investments in science and technology innovation and aims to strengthen the economy. When approved by Congress and signed into law by President Biden, Caulfield said GlobalFoundries stands ready by expanding in upstate New York and creating many more high-paying American jobs. “Our ambitious goal is to double our capacity at this site in the years to come in partnership with our customers, local, state and federal governments. We can do this.”
GF company employs more than 15,000 globally with 7,000 people across the U.S., and nearly 3,000 at its Fab 8 in Malta, New York. In 2020, the semiconductor manufacturer announced a land purchase option to provide additional flexibility to expand Fab 8’s footprint to support growing demand from the U.S. government and industry customers.
Saratoga County Board of Supervisors Chairman Theodore Kusnierz and Malta Town Supervisor Darren O’Connor said they were both encouraged by the announcements, which sets the stage for continued growth and expansion for GlobalFoundries in Saratoga County.
“This is a significant commitment by GlobalFoundries, which greatly reinforces the importance of Luther Forest, Malta and Saratoga County in their future expansion plans. Given the rapidly growing worldwide demand for advanced semiconductors, we are very pleased that GlobalFoundries is letting the world know that they are committed to meeting this demand, and the center of that effort will be led right here in Saratoga County,” said
GlobalFoundaries is owned by Mubadala Investment Company. For more information, go online to www.globalfoundries.com.
MALTA — GlobalFoundries announced this week a strategic partnership with the U.S. Department of Defense to provide a secure and reliable supply of semiconductor solutions manufactured at the company’s Fab 8 in Malta. The semiconductor chips will be used in some of the DoD’s most sensitive applications for land, air, sea, and space systems.
The new supply agreement builds upon the longstanding partnership between the DoD and GlobalFoundries to provide chips for defense, aerospace, and other sensitive applications. The company currently supplies the DoD with chips manufactured at its other on-shore facilities, Fab 10 in East Fishkill, NY, and Fab 9 in Burlington, VT.
“GlobalFoundries is a critical part of a domestic semiconductor manufacturing industry that is a requirement for our national security and economic competitiveness,” said Senate Majority Leader Chuck Schumer, in a statement. New federal semiconductor manufacturing incentives were approved in last year’s National Defense Authorization Act.
“I have long advocated for GlobalFoundries as a key supplier of chips to our military and intelligence community, including pressing the new Secretary of Defense, Lloyd Austin, to further expand the Department of Defense’s business with GlobalFoundries, which will help expand their manufacturing operations and create even more jobs in Malta,” Schumer said.
A supporting statement from the U.S. Department of Defense reported that the agreement with GlobalFoundries is a forward step to ensuring the U.S. sustains the microelectronics manufacturing capability necessary for national and economic security. The first chips from the new agreement are targeted to begin delivery in 2023.
GlobalFoundries employs nearly 3,000 people at Fab 8 and says it has invested more than $13 billion in the facility.
The GlobalFoundries plant got its start in 2006, when Advanced Micro Devices agreed to become the first company to build at the Luther Forest tech park. Before that, county and state economic development officials had spent six years preparing and marketing the tech park as a site for semiconductor manufacturing. As the project advanced, Advanced Micro Devices spun off the manufacturing facility in a joint venture with the government of Abu Dhabi to create GlobalFoundries.
The company recently announced a land purchase option to provide additional flexibility to expand Fab 8’s footprint to support growing demand from the U.S. government and industry customers. In total, GF employs more than 7,000 people across the U.S., and over the past 10 years has invested $15 billion in U.S. semiconductor development.
CAPITAL REGION — On Aug. 27 GlobalFoundries, located in Malta, announced plans to “reshape it’s technology portfolio, and intensify focus on a growing demand for differentiated offerings” according to a press release.
On Aug. 28 GlobalFoundries notified the state’s Department of Labor that it will lay off 424 employees and that the expected date of the first separation of employees is Nov. 28 of this year. Typically a Worker Adjustment and Retraining Notification (WARN) must be filed with the state and requires businesses to give early warning of closing and layoffs. According to the WARN GlobalFoundries filed, the reason for dislocation is noted as “shifting their technology development focus from advanced research to differentiated technologies.”
An additional 31 employees will be laid off at SUNY Polytechnic Institute research center in Albany, making total lay offs 455.
“Demand for semiconductors has never been higher, and clients are asking us to play an ever-increasing role in enabling tomorrow’s technology innovations,” Tom Caulfield said in a prepared statement. Caulfield is the CEO of GlobalFoundries and was appointed in March of this year.
“The vast majority of today’s fabless customers are looking to get more value out of each technology generation to leverage the substantial investments required to design into each technology node. Essentially, these nodes are transitioning to design platforms serving multiple waves of applications, giving each node greater longevity. This industry dynamic has resulted in fewer fabless clients designing into the outer limits of Moore’s Law. We are shifting our resources and focus by doubling down on our investments in differentiated technologies across our entire portfolio that are most relevant to our clients in growing market segments,” he added.
According to the press release “Lifting the burden of investing at the leading edge will allow GF to make more targeted investments in technologies that really matter to the majority of chip designers in fast-growing markets such as RF, IoT, 5G, industrial and automotive,” said Samuel Wang in a prepared statement. Wang is the research vice president at Gartner, a research company located in Stamford, CT.
“While the leading edge gets most of the headlines, fewer customers can afford the transition to 7nm and finer geometries. 14nm and above technologies will continue to be the important demand driver for the foundry business for many years to come. There is significant room for innovation on these nodes to fuel the next wave of technology.”
Steve Grasso, Senior Counsel at GlobalFoundries said, “we aren’t providing any further details on the regional impact. However, a significant number of our top technologists will be redeployed on our differentiated offerings, which include the 14/12nm derivatives that are made here in Malta.”
Gary Patton, Chief Technology Officer at GlobalFoundries is slated to deliver the opening keynote address at the inaugural GSA Silicon Summit – East, that will be held on Oct. 9 in Saratoga Springs. The event will promote collaboration and regional growth opportunities to advance semiconductor technology and business. Patton is responsible for GlobalFoundries’ semiconductor technology roadmap, operations and execution. His address will discuss “Market Drivers for Moore and Beyond Moore Semiconductor Technologies.”
A Full Weekend Of… Everything Awaits
SARATOGA SPRINGS – We are blessed with a vibrant arts scene year-round in this region. But, to paraphrase Emeril, it’s time to kick it up a notch…
BAM! And here we are – the Eighth Annual Saratoga ArtsFest is upon us and there is still plenty of time to get in on the action. Last night’s opening featured the acclaimed Martha Graham Dance Company at the Saratoga Performing Arts Center. Sponsored by SPAC, the performance included pieces from such classics as Appalachian Spring and The Rite of Spring, as well as other compositions.
On Friday, June 13’s ArtsFest will present its signature event, “An Evening with Duncan Sheik,” at the Arthur Zankel Music Center at Skidmore College. Sheik, a Grammy and Tony award winner, launched his musical career in 1996 with the Grammy-nominated hit “Barely Breathing.”
Sheik is more recently known for his role in composing the musical Spring Awakening, which earned two Tony Awards, including Best Musical. Sheik’s December, 2013 debut of the stage production of American Psycho in London opened to rave reviews. Tickets for the Sheik performance at Skidmore are priced at $50, or $25 with an ARTSPASS.
Speaking of the ARTSPASS, it’s not to late to pick one up and it remains an outstanding value. The price for the SaratogaArtsFest admission package is $40 for adults and seniors, and $35 for military members and their dependents. Children under 12 are admitted free.
Admission packages may be purchased online at SaratogaArtsFest.org or at the ArtsFest Center and Gallery at 385 Broadway. Admission materials must be picked up at the Center. The Center’s hours of operation during June 9-15 are 10 a.m. to 6 p.m. each day. The Center phone number is (518) 871-1379.
If, however, you prefer to sample ArtsFest a la carte, there are many free events such as the “en plein air Paint Out,” along Broadway on Saturday, June 14, family events such as “Kids do Art” at UPH and the Beekman Street Arts Fair, both on Sunday, June 15.
Also, here is a listing of premium events that you can purchase admission singly without an ARTSPASS:
Saratoga Shakespeare Company presents “Shakespeare: The Remix”
The Remix, performed by two actors, introduces Shakespeare to young audiences. When a hip-hop-loving high school girl on the verge of dropping out meets Shakespeare, a 400-year-old ghost having a mid-death crisis, a pitched battle of wits erupts.
Universal Preservation Hall, 25 Washington Street
Home Made Theater presents “Theatrical Therapy – A Cabaret Performance”
Find out what happened to your favorite musical theater characters after the final curtain. This original piece is filled with laughter and song. Supported by a SaratogaArtsFest program enhancement grant.
Universal Preservation Hall, 25 Washington Street
No. 11 Productions presents “Coosje”
In this whimsical love story two sculptors learn to collaborate in life and art. Meanwhile, a pear falls out of a fruit bowl, gains consciousness, and travels the world.
Universal Preservation Hall, 25 Washington Street
Panel Discussion: “Sport as Art”
Former professional athletes and professionals in the field of collegiate sports will discuss the concept of sport as an art form. Skidmore professor Jeffrey Segrave, a noted expert on the Olympic games and the role of sport in society, will lead the session. Sponsored by the Saratoga National Golf Club.
Skidmore College, Arthur Zankel Music Center, ELM Room 117
Heard and Skidmore College present “Spirit of Life: 150(1) Years of Words, Music and Dance”
Choreographer Mary Harney and composer Elizabeth Woodbury Kasius join forces to present original choreography and music, performed live by the jazz group Heard and Skidmore dance and theater students.
Skidmore College, Janet Kinghorn Bernhard Theater
Saratoga Springs Youth Orchestra (SSYO) presents “Neapolitan Renaissance”
SSYO is fresh off a May 30 performance at Carnegie Hall’s Weill Center in New York City, under the direction of Maestro Gioacchino Longobardi. They represented the Saratoga Region in one of a thousand concerts that took place around the world as part of the Thousand Tones Project in tribute to Japanese Tsunami victims.
Today, journey back to the 18th century with the musicians of SSYO as they explore and present for your listening enjoyment a Neapolitan Renaissance experience.
Skidmore College, Arthur Zankel Music Center, Helen Filene Ladd Concert Hall
From Academy Award nominee Scott Hamilton Kennedy comes a documentary exploring the trials and tribulations of talented teens as they reach for their dreams of becoming actors, singers, dancers, and musicians. Kennedy will be on hand to discuss the film.
Dee Sarno Theater at the Arts Center, 320 Broadway
Hubbard Hall Projects presents “Serenata Italiana: Exploring the Music of Italy”
Hubbard Hall Opera Theater presents a concert featuring music ranging from powerful and familiar arias by Verdi and Leoncavallo, to popular songs by Tosti, Donaudy, and others. This concert explores the music of Italy in the 18th and 19th centuries and features the talents of four outstanding opera performers.
Skidmore College, Arthur Zankel Music Center, Helen Filene Ladd Concert Hall
Instead of hunting for scarce parking spots for ArtsFest and Flag Day festivities, arts and parade lovers can support free professional theater by parking downtown with Saratoga Shakespeare Company.
The Company will open The Saratogian’s private lot for public parking during ArtsFest on Saturday, June 14, from 11 a.m. to midnight.
The lot, located at Maple Avenue and Caroline Street, has its entrance on Pavilion Row. A $10 donation can be made to Saratoga Shakespeare Company by cash, check or credit card.
For single event admission pricing and more programming information visit the ArtsFest Center and Gallery, 385 Broadway or SaratogaArtsFest.org