GlobalFoundries invests in Playground Global's Fund IV venture capital
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
GlobalFoundries advances long-term technology innovation through investment in Playground Global
May 19, 2026 8:30 AM EDTMALTA, N.Y., May 19, 2026 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) (GF) today announced that it is investing in Playground Globals Fund IV as a limited partner through GF Accelerate, formalizing GFs expanding commitment to early-stage deep tech startups tackling the worlds hardest problems. This investment extends GFs work with leading technology-focused venture platforms and reflects the companys strategy of aligning long-term capital with real-world technology, engineering and manufacturing expertise.
GF's participation builds on its broader engagement with early-stage partners across regions, including collaborations designed to advance differentiated, manufacturing-ready technologies and ensure... More
