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Semiconductors

GlobalFoundries to decide on further investments by end of year

U.S. chipmaker will 'continue to chase capacity,' CEO Tom Caulfield says

GlobalFoundries CEO Tom Caulfield says demand for the chips his company makes will continue to outstrip capacity to the extent that "we'll be investing for the better part of the next decade." (Source photos by GlobalFoundries)

SINGAPORE -- With the global semiconductor crunch failing to abate, U.S.-based chipmaker GlobalFoundries will decide where to further increase its capacity -- Singapore, New York or Germany -- "by the end of this year," Chief Executive Tom Caulfield told Nikkei Asia.

The company for the past several years has been heavily investing to boost its capacity in all three of its manufacturing locations. However, the chief executive said the company will "continue to chase capacity to meet demand" for "the next five to 10 years," stressing a willingness to make additional investments in any of the three existing sites.

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