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0 0 -0.00518134715025907 0.00310880829015541 0.00414507772020731 0.00248704663212445 0.00331606217616588 0.00766839378238351
Stock impact report

ElevATE Semiconductor and GlobalFoundries Partner on High-Voltage Chips for Commercial and National Security Applications

GlobalFoundries Inc. (GFS) 
Company Research Source: GlobeNewswire
SAN DIEGO and ESSEX JUNCTION, Vt., June 05, 2024 (GLOBE NEWSWIRE) -- ElevATE Semiconductor and GlobalFoundries (Nasdaq: GFS) (GF) today announced a manufacturing partnership for high-voltage chips produced at GF’s facility in Essex Junction, Vermont. Designed by ElevATE and manufactured at scale by GF on its proven and power-efficient 7HV technology platform, the chips are vital to both commercial semiconductor testing equipment and critical applications for aerospace and defense systems. The agreement outlines GF’s supply of its 7HV chip technology to ElevATE and the marketplace. Manufactured on 200mm wafers at GF’s Vermont facility, the mature-node chips pair power management and wireless sensing capabilities, delivering the performance, design flexibility and power efficiency required by a range of electronics devices in national security systems. The 7HV platform is optimized for cost and performance, and offers a full suite of features and options with well-characterized desig Show less Read more
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