GlobalFoundries and the Massachusetts Institute of Technology (MIT) have entered a master research agreement to advance semiconductor technologies crucial for AI and other applications. This collaboration, involving MIT's Microsystems Technology Laboratories and GlobalFoundries' R&D team, GF Labs, focuses on enhancing the performance and efficiency of chips using GF’s silicon photonics and 22FDX® platforms. The partnership underscores a commitment to innovation, aiming to drive research advancements and prepare the next generation of talent in the semiconductor industry. This initiative builds on GlobalFoundries' previous engagements with MIT and includes workforce development initiatives.

• GlobalFoundries last closed at $38.35 down 5.6%.

In other trading, Credo Technology Group Holding softened, down 14.2% to close at $52.60.

GlobalFoundries is poised for growth through strategic diversification and innovative technology investments. Click to explore a detailed narrative on GlobalFoundries' investment prospects.

If you’re interested in understanding the potential impacts on the AI chip market, don’t miss our Market Insights article titled "DeepSeek and Trump’s EOs: The Winners And Losers," which explores how a breakthrough from a Chinese start-up could challenge Nvidia's dominance and reshape the landscape for AI investments.

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• Intel ended the day at $23.09 down 1.8%.
• Advanced Micro Devices settled at $99.51 down 5%, hovering around its 52-week low.
• NVIDIA settled at $120.15 down 8.5%. On Tuesday, NVIDIA reported substantial sales and net income growth for both the fourth quarter and full year ended January 26, 2025.

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Sources:

• Simply Wall St
• "GlobalFoundries and MIT Collaborate to Advance Research and Innovation on Essential Chips for AI" from GlobalFoundries Inc. on GlobeNewswire (published 27 February 2025)

Companies discussed in this article include TWSE:2303 NasdaqGS:INTC NasdaqGS:AMD NasdaqGS:GFS NasdaqGS:NVDA and NasdaqGS:CRDO.

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