GlobalFoundries completed the acquisition of Advanced Micro Foundry.

GlobalFoundries, a semiconductor company specializing in chip manufacturing, foundry services, and advanced semiconductor solutions, completed the acquisition of Advanced Micro Foundry, a silicon photonics foundry based in Singapore. Financial terms were not disclosed. “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. 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," Tim Breen, GlobalFoundries CEO.