financetom
Business
financetom
/
Business
/
GlobalFoundries Collaborates With BAE Systems on Chips for Space Applications
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
GlobalFoundries Collaborates With BAE Systems on Chips for Space Applications
Nov 19, 2025 11:42 AM

12:24 PM EST, 11/19/2025 (MT Newswires) -- GlobalFoundries ( GFS ) said Wednesday its FinFET semiconductor technology will be used by British defense company BAE Systems to create chips for space applications.

BAE Systems advanced its RH12 Storefront circuit development capability to create chips using GlobalFoundries' ( GFS ) 12LP FinFET technology platform for electronic systems that can withstand harsh environments, GlobalFoundries ( GFS ) said.

The new offering ensures processing performance, secure connectivity, and reliable power efficiency for space-based computing, the company said.

Price: 32.84, Change: -0.01, Percent Change: -0.03

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
GoldHaven Highlights Gold Potential at Its Copecal Gold Project in Brazil
GoldHaven Highlights Gold Potential at Its Copecal Gold Project in Brazil
Feb 18, 2025
12:16 PM EST, 02/18/2025 (MT Newswires) -- GoldHaven Resources ( GHVNF ) on Tuesday said a review of historic exploration at its Copecal Gold Project in Brazil shows gold mineralization. The company said exploration carried out by AngloGold Ashanti indicated multiple gold-bearing structures on the property. Thanks to AngloGold Ashanti's systemic exploration from 2010 to 2016 which identified multiple zones...
Market Chatter: Amazon Shuts Down Inspire Shopping Feed Inside Its App
Market Chatter: Amazon Shuts Down Inspire Shopping Feed Inside Its App
Feb 18, 2025
12:07 PM EST, 02/18/2025 (MT Newswires) -- Amazon.com ( AMZN ) is closing down its shopping feed, called Inspire, inside its mobile app, The Information reported Tuesday, citing messages to users and a company spokesperson. The TikTok-style feature, introduced in 2022, showcased videos and images of products available on Amazon.com ( AMZN ), the report said. The company didn't immediately...
Exclusive-Ford slashes manager stock bonuses to cut costs, boost performance
Exclusive-Ford slashes manager stock bonuses to cut costs, boost performance
Feb 18, 2025
DETROIT (Reuters) - About half the middle managers at Ford Motor ( F ) will not get stock bonuses this year in what is seen internally as CEO Jim Farley's latest attempt to cut the automaker's bloated costs, according to six people familiar with the matter. The stock awards are usually paid in March, but senior managers have been told to...
Market Chatter: Toyota Shifts $1.5 Billion Order to Support Michigan LG Battery Plant
Market Chatter: Toyota Shifts $1.5 Billion Order to Support Michigan LG Battery Plant
Feb 18, 2025
12:08 PM EST, 02/18/2025 (MT Newswires) -- Toyota Motor ( TM ) agreed to shift a $1.5 billion order with LG Energy Solution to boost operations at a Lansing, Michigan, plant after General Motors ( GM ) walked away from the project, Bloomberg reported Tuesday, citing people familiar with the matter. In December, GM said it would sell its $1...
Copyright 2023-2026 - www.financetom.com All Rights Reserved