GlobalFoundries secures nearly US$1 billion in custom chip design wins as it expands into physical AI

GlobalFoundries is gaining traction in custom silicon, processor intellectual property (IP) and physical AI applications, as the chipmaker seeks to expand its role beyond wafer manufacturing and capture more value from customer chip development. The company secured custom silicon design wins representing nearly US$1 billion in lifetime revenue during the third quarter, CEO Tim Breen said on its November 4, 2026, earnings call.