Mature & specialty-node foundry
GlobalFoundries
A foundry focused on mature and specialty nodes (not leading-edge). FY2025 revenue $6.79B. Customers include Qualcomm, AMD, NXP, Infineon, Bosch and Apple, with strength in automotive, industrial and communications chips. Depends on ASML, Applied Materials, Lam and KLA for equipment.
GFS Updated Jul 12, 2026 5 AI consumers· 2 recurring
Per the valuechain.wiki graph, GlobalFoundries is directly linked to 10 companies (8 supply, 2 revenue relationships) and reaches 24 companies within two hops; the links are backed by 12 dated sources, 4 of them primary filings (as of 2026-07-12).
Financials & Segments
- Total revenue · FY2025 revenue $6.79B
- Customer concentration · Mature and specialty nodes. Customers Qualcomm, AMD, NXP, Infineon, Bosch, Apple. Automotive growing fast.
- Segments · Smart Mobile · Automotive · IoT & Industrial · Comms Infra & Datacenter
Revenue from
- fabless · automotive customers (Qualcomm · NXP · Bosch et al.) High confidence· Revenue $6.791 · FY2025 · GlobalFoundries FY2025 revenue (net income $888M, GM 24.9%)
Supplies mature/specialty-node chips to Qualcomm, NXP, Infineon, Bosch, Apple (automotive, industrial, comms).Confirms EN GlobalFoundries IR Published Feb 10, 2026: GlobalFoundries reports Q4 and FY2025 results - General Motors High confidence
Long-term dedicated-capacity supply for GM at the Malta fab.Confirms EN GlobeNewswire (GF) Published Feb 9, 2023: GlobalFoundries and GM announce long-term direct supply agreement - AMD Medium confidence
Foundry for some of AMD’s chips (I/O, legacy); AMD’s leading-edge is at TSMC.Confirms EN GlobalFoundries IR Published Feb 10, 2026: GlobalFoundries reports Q4 and FY2025 results
Pays to
- Soitec High confidence
Sources Soitec engineered substrates for FD-SOI. - Siemens EDA Medium confidence
Pays for Siemens EDA (Calibre etc.) licenses. - ASML Medium confidence
Buys EUV/DUV lithography from ASML. - KLA Medium confidence
Buys inspection/metrology tools from KLA. - Lam Research Medium confidence
Buys etch/deposition tools from Lam Research. - Synopsys Medium confidence
Pays for synopsys EDA tools and IP licenses. - Cadence Design Systems Medium confidence
Pays for cadence EDA tools and IP licenses. - Applied Materials Medium confidence
Buys wafer-fab tools from Applied Materials. - wafers · materials (undisclosed) Low confidence
Buys silicon wafers and process materials (suppliers undisclosed).
Investors
- Mubadala (Abu Dhabi sovereign wealth fund) High confidence
Abu Dhabi’s Mubadala is the largest shareholder (~73%).
Value-chain ripple (2 tiers)
Following node-to-node links up to 2 tiers; each firm is shown once, at its nearest tier.
| Company | Chain | '21 | '22 | '23 | '24 | '25 | YTD |
|---|---|---|---|---|---|---|---|
| Hewlett Packard Enterprise | lead2 | +37.4 | +4.5 | +9.7 | +29.1 | +15.5 | +104 |
| ASUSTeK Computer | lead2 | +35.5 | -12.9 | +72 | +41.1 | -14.1 | +46.7 |
| Meta Platforms | lead2 | +23.1 | -64.2 | +194.1 | +66 | +13.1 | +1.6 |
| Microsoft | lead2 | +52.5 | -28 | +58.2 | +12.9 | +15.6 | -20 |
| Oracle | lead2 | +36.9 | -4.6 | +30.9 | +60 | +18.1 | -27.4 |
| AMD | lead1 | +56.9 | -55 | +127.6 | -18.1 | +77.3 | +160.5 |
| General Motors | lead1 | +40.8 | -42.4 | +7.9 | +49.8 | +54.2 | -3.8 |
| GlobalFoundries | node | · | -17.1 | +12.5 | -29.2 | -18.6 | +97.8 |
| Soitec | benef1 | -3.7 | -13.4 | -2.3 | -37.4 | -68.9 | +271.9 |
| Applied Materials | benef1 | +83.6 | -37.5 | +68 | +1.1 | +59.6 | +135 |
| Lam Research | benef1 | +53.7 | -40.7 | +88.6 | -6.8 | +139.2 | +105 |
| KLA | benef1 | +68 | -11.2 | +56 | +9.4 | +94.5 | +91 |
| ASML | benef1 | +64.1 | -30.5 | +39.9 | -7.7 | +55.8 | +68.6 |
| Cadence Design Systems | benef1 | +36.6 | -13.8 | +69.6 | +10.3 | +4 | +22.9 |
| Synopsys | benef1 | +42.1 | -13.4 | +61.3 | -5.7 | -3.2 | -5.2 |
| Ichor Holdings | benef2 | +52.7 | -41.7 | +25.4 | -4.2 | -42.8 | +444.2 |
| MKS Instruments | benef2 | +16.4 | -51 | +22.6 | +2.2 | +54.4 | +131 |
| Advanced Energy Industries | benef2 | -5.7 | -5.4 | +27.5 | +6.6 | +81.6 | +47.2 |
| SMC Corporation | benef2 | +0.9 | +4.5 | +28.6 | -28 | +4.2 | +26.6 |
| Wonik QnC | benef2 | +26.2 | +2 | +11.9 | -33.7 | +53.4 | +9.3 |
| Siemens AG | benef2 | +12.2 | +5.1 | +20.1 | +28 | +26.4 | +8.7 |
| TCK (Tokai Carbon Korea) | benef2 | -10.1 | -16.9 | +2.8 | -28.7 | +225.7 | -2.5 |
YTD as of 2026-07-10 · source: Yahoo Finance
GlobalFoundries operates across Mature & specialty-node foundry. After -18.6% in 2025, it rebounded +99.9% in 2026. The supply side (avg +152.5%) has moved harder than the stock (+99.9%). That is the classic bottleneck pattern: supplier volume leverage is being priced before this layer's own margin. Among connected nodes the furthest ahead is Soitec (+284.1%) and the furthest behind is KLA (+89.4%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. Depends on ASML, Applied Materials, Lam and KLA for equipment.
Analysis generated from returns as of 2026-07-09Analyst ratings
Consensus: Buy 3 · Hold 0 · Sell 0 · Avg. target $88 · Price $68.97 (07-10) · Upside +28%