News

GlobalFoundries Acquires Advanced Micro Foundry to Expand Silicon Photonics Capacity and Target $1 Billion in Revenue by 2030

Thursday, November 27, 2025 at 06:40 AM

GlobalFoundries (GF) announced the acquisition of Singapore-based pure-play silicon photonics foundry Advanced Micro Foundry (AMF) to strengthen its position in this critical technology for AI data centers and high-speed communications. The deal is expected to accelerate GF's revenue in the silicon photonics business to exceed $1 billion annually by 2030, leveraging AMF's 200mm platform with a roadmap to scale to 300mm production.

Context

On November 18, 2025, GlobalFoundries announced its acquisition of Advanced Micro Foundry (AMF), a Singapore-based silicon photonics specialist. The move establishes GF as the largest pure-play silicon photonics foundry by revenue and is projected to add over $75 million to its revenue in 2026. This deal integrates AMF's 200mm manufacturing platform and intellectual property, immediately expanding GF's capacity and technology portfolio. The acquisition is a strategic play to capture the surging demand for high-speed data transfer in AI data centers and advanced communications. With this enhanced capability, GlobalFoundries is targeting over $1 billion in annual silicon photonics revenue by 2030. The company plans to leverage the acquisition to accelerate its roadmap for critical components and scale production to 300mm wafers to meet future market needs.

Related Companies

GlobalFoundries
GlobalFoundries
GFS
US