GlobalFoundries acquires Advanced Micro Foundry, terms not disclosed

GlobalFoundries (GFS) announced the acquisition of Advanced Micro Foundry), a silicon photonics foundry based in Singapore. This acquisition will expand GF’s silicon photonics technology portfolio, production capacity and research and development in Singapore. “Silicon photonics technology is essential for AI infrastructure. As data moves faster and workloads grow more complex, the ability to move information with greater speed, precision and power efficiency is now fundamental to AI datacenters and advanced telecom networks,” said Tim Breen, CEO of GF. “Acquiring AMF enables GF to deliver an expanded, and differentiated, decade-long roadmap for pluggable transceivers and co-packaged optics, while accelerating growth of photonics into adjacent markets such as automotive and quantum computing.” In line with the acquisition, GF plans to establish a silicon photonics research and development center of excellence in Singapore. This CoE will partner with the Agency for Science, Technology and Research, Singapore’s lead public sector R&D agency, to advance GF’s innovation roadmap by focusing on next-generation materials for ultra-fast data transfer at 400Gbps speed.