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Globalfoundries Inc

Abu Dhabi investor in chip giant GlobalFoundries sees exponential growth for the industry

Taylor Daemon Dec 13, 2021

The semiconductor industry is on track to record exponential growth over the next decade, according to the CEO of Abu Dhabi sovereign wealth fund Mubadala, who said chipmakers are…

Technology

Tech IPOs have been a bad bet in 2021 — all but one are in bear market territory

Taylor Daemon Dec 7, 2021

People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29,…

Technology

Backblaze takes opposite IPO route to Rivian, going public on small valuation and minimal funding

Taylor Daemon Nov 12, 2021

Gleb Budman, co-founder and CEO of Backblaze, center, appears in New York for the company's Nasdaq debut on Nov. 11, 2021.Source: BackblazeElectric-vehicle maker Rivian Automotive,…

Technology

GlobalFoundries CEO: We’re sold out of semiconductor chip capacity through 2023

Taylor Daemon Oct 30, 2021

Semiconductor manufacturer GlobalFoundries debuted on the Nasdaq this week, valued at over $25 billion, as it became increasingly evident that a global chip shortage could persist…

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