GlobalFoundries

GFS

Market cap $46.1B

Combines GF's Physical AI portfolio with MIPS' RISC-V and software-to-silicon expertise to accelerate custom, software-first products for automotive, industrial and agentic edge platforms Combines GF's Physical AI portfolio with MIPS' RISC-V and software-to-silicon expertise to accelerate custom, software-first products for automotive, industrial and agentic edge platforms

Sivers' laser arrays to support GlobalFoundries' silicon photonics platform and SCALE™ optical engine solutions targeting a $25B Pluggable Optics market by 2030 KISTA, Sweden, June 2, 2026 /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE), a global leader in photonics and wireless technologies, today announced a strategic collaboration with GlobalFoundries (NASDAQ: GFS) (GF), to develop advanced silicon photonics solutions for the high-growth AI infrastructure market. Sivers Semiconductors' laser arrays will be integrated into reference designs built on GF's silicon photonics platform.

GlobalFoundries NASDAQ: GFS Chief Financial Officer Sam Franklin said the chipmaker sees a path to significantly higher profitability over the next several years, driven by a mix shift toward faster-growing end markets, technology services, manufacturing productivity and better utilization of its existing footprint.

Following President Donald Trump's recent announcement of $2.013 billion in federal incentives for quantum companies, Finbold has identified five stocks that stand to benefit the most as of May 29.

Everyone's chasing obvious AI semiconductor names. NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) sits at a $5.15 trillion market cap.

Recent aggregate flow data reflects continued institutional participation across a broad range of sectors, with social media, software, aerospace, semiconductors, enterprise technology, transportation infrastructure, and leveraged ETFs all represented within TradePulse's Top Inflows dataset.

GLOBALFOUNDRIES Inc. (GFS) Presents at TD Cowen's 54th Annual Technology, Media & Telecom Conference Transcript

While the U.S. government's recent $2 billion capital injection via the CHIPS and Science Act provides a significant operational runway, the more profound structural shift is happening at the commercial level. The industry has finally crossed the chasm from theoretical lab physics to utility-scale industrial infrastructure, driven by a rapid acceleration in enterprise bookings, the maturation of recurring cloud-based revenue models, and a structural pivot toward high-yield commercial wafer fabrication.

The Commerce Department signed letters of intent to provide about $2 billion in CHIPS Act funding to nine quantum companies, taking a minority equity stake in each. IBM is in line for the biggest share -- $1 billion toward a new U.S. quantum chip foundry -- and its stock jumped double digits.

May 2026 has been a rollercoaster month for companies in the quantum computing industry, as leaders like D-Wave Quantum Inc. NYSE: QBTS, IonQ Inc. NYSE: IONQ, and Rigetti Computing NASDAQ: RGTI fell for much of the month, despite some promising Q1 results, before surging sharply toward month-end.