GlobalFoundries launches quantum manufacturing unit with $375M government backing
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- US futures fall on tech selloff as concerns about hawkish Fed, AI spending mount
- Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
- Oil steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
GlobalFoundries launches Quantum Technology Solutions to scale U.S. quantum manufacturing
May 21, 2026 7:04 AM EDTMALTA, N.Y., May 21, 2026 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today launched Quantum Technology Solutions, a new quantum business to scale the manufacturing capabilities the quantum industry needs to achieve utility-scale quantum computing. The new business launches with customer engagements, and a pipeline of quantum innovators positioned to scale on its platform.
With more than a decade of partnership with the U.S. Government and customers across critical semiconductor technologies, and sustained investment in cryogenic CMOS, advanced packaging and materials science, GF has built the industrial layer that quantum... More

