GlobalFoundries announced on November 18, 2025 that it had agreed to acquire Advanced Micro Foundry (AMF), a Singapore‑based silicon photonics foundry that has been building 200‑mm photonic wafers for more than 15 years. The deal, whose financial terms were not disclosed, will give GlobalFoundries a ready‑made platform for high‑bandwidth optical interconnects and a foothold in the rapidly growing Asia‑Pacific market.
AMF’s 200‑mm silicon photonics platform is designed for high‑throughput, low‑power data‑center and LiDAR applications. The company plans to scale the platform to 300‑mm wafers as demand grows, and it has already partnered with Singapore’s A*STAR to develop a 400‑Gbps photonic solution. The acquisition brings AMF’s mature manufacturing processes and intellectual property into GlobalFoundries’ existing silicon photonics portfolio, accelerating the company’s ability to deliver end‑to‑end photonic solutions to AI, telecom, automotive and quantum‑computing customers.
Strategically, the purchase positions GlobalFoundries as the largest pure‑play silicon photonics foundry by revenue, a status that strengthens its competitive stance against industry leaders such as TSMC and Samsung. By adding a dedicated photonics facility in Singapore, GlobalFoundries also diversifies its manufacturing footprint and enhances supply‑chain resilience, a key advantage in an industry increasingly sensitive to geopolitical and logistical disruptions.
Financially, GlobalFoundries reported $7.392 billion in revenue for fiscal year 2023, down 8.83% from $8.108 billion in 2022 and 12.5% from $6.59 billion in 2021. While the acquisition is expected to add roughly $2 billion in annual revenue, the exact figure has not been confirmed by the company. The deal therefore represents a significant investment in a high‑growth technology segment that is expected to drive future top‑line growth, even as the company’s core semiconductor business continues to face margin pressure from raw‑material cost increases and competitive pricing.
The move also signals GlobalFoundries’ broader strategy to focus on high‑margin, high‑technology markets. CEO Dr. Thomas Caulfield said the acquisition “strengthens our ability to serve the growing AI and high‑performance computing market by accelerating the deployment of silicon photonics solutions and deepening our footprint in Asia.” The company’s Q3 2025 earnings, which showed a $0.41 EPS beat and revenue near guidance, underscore its ability to manage costs while expanding into new growth areas.
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